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(2012-09) Order Reallocating Budgetary Credits of Certain Institutions for Fiscal Year 2011-2012

(2012-09) Order Reallocating Budgetary Credits of Certain Institutions for Fiscal Year 2011-2012

Presidency of the Republic of Haiti, Ministry of Economy and Finance (MEF), Ministry of Planning and External Cooperation (MPCE) 2012
Summary — Issued by President Michel Joseph Martelly on 12 September 2012 and published in Le Moniteur's extraordinary issue No. 164, this order reallocates operating and investment budget credits totaling roughly 232 million gourdes across some fourteen ministries and public institutions for fiscal year 2011-2012, correcting overruns identified late in the fiscal cycle without altering the total approved budget envelope.
Key Findings
Full Description
This order, issued by President Michel Joseph Martelly on the joint report of the Ministers of Economy and Finance and of Planning and External Cooperation, reallocates budget credits among ministries and public entities for fiscal year 2011-2012. The preamble explains that overruns had been identified following the posting of budget credits, that it was materially difficult to correct the Finance Law less than a month before fiscal year-end given procedural requirements, and that Article 47 of the decree governing finance laws allows transfers and virements decided by Council of Ministers order to change the distribution of credits, provided they do not create new credit categories. Two detailed tables are annexed: one covering operating credits, reallocating sums such as Gdes 428,950.34 and Gdes 1,000,000.00 within the Ministry of Economy and Finance, and further amounts across the Ministries of Agriculture (MARNDR), Public Works (MTPTC), Tourism (MT), Haitians Living Abroad (MHAVE), Foreign Affairs (MAE), Education (MENFP), Social Affairs (MAST), Public Health (MSPP), Women's Affairs (MCFDF), Religious Affairs, Culture and Communication (MCC), Public Interventions, and the Senate, totaling Gdes 156,954,771.52; and a second table covering investment credits across MARNDR, the Ministry of Justice (MJSP), and MCFDF, totaling Gdes 75,260,010.00. The order is dated at the National Palace, Port-au-Prince, 12 September 2012, Year 209 of Independence, and is countersigned by the full Council of Ministers.
Topics
FinanceGovernanceEconomy
Geography
National
Time Coverage
2011 — 2012
Keywords
budget reallocation, Haiti, fiscal year 2011-2012, MEF, MARNDR, MTPTC, public finance, virement, Martelly, Council of Ministers, series:mef-arretes
Entities
Michel Joseph Martelly, Laurent Salvador Lamothe, Ministère de l'Économie et des Finances (MEF), Ministère de la Planification et de la Coopération Externe (MPCE), Ministère de l'Agriculture (MARNDR), Ministère des Travaux Publics (MTPTC), Sénat de la République