(2014-06) Finance Law (Budget Law), FY 2013-2014
Summary — This document presents Haiti's Finance Law for the 2013-2014 fiscal year, published in "Le Moniteur". It details the state's budgetary resources, expenditures, and financial equilibrium. The law outlines tax policies, public debt management, and allocations for various administrative entities.
Key Findings
- The state budget for 2013-2014 is set, detailing Gdes 50.9 billion in domestic resources and Gdes 118.68 billion in total expenditures; Existing taxes are prorogated, and income tax and sales tax regulations are modified; New fees are introduced, including a USD 10 tourist card, excise duties (4% local, 15% imported), and quarry exploitation permits (Gdes 50,000/year); Budgetary credits are allocated across all government branches and independent entities; A Single Treasury Account (CUT) is established to consolidate public funds and enhance financial control.
Full Description
This official document, a special issue of "Le Moniteur," outlines Haiti's Finance Law for the 2013-2014 fiscal year, effective from October 1, 2013, to September 30, 2014. It establishes the national budget, detailing revenue sources, expenditure provisions, and mechanisms for financial control. The law prorogates existing taxes, modifies income tax and sales tax regulations, and introduces new fees, including a USD 10 tourist card, specific excise duties, and quarry exploitation permits.
The budget allocates credits across all government branches—Executive, Legislative, and Judicial—as well as independent organizations, specifying funds for personnel, goods and services, capital investments, and transfers. It also addresses public debt management and sets regulations for public agents' remuneration and contracts. Emphasizing transparency, the law mandates the establishment of a Single Treasury Account (CUT) to consolidate public funds and outlines reporting requirements to legislative bodies. Total estimated domestic resources are Gdes 50.9 billion, with overall expenditures projected at Gdes 118.68 billion, financed through domestic revenues, international donations, and internal/external loans.
Notes
Series: Loi de Finances (LOF), annual. Published in Le Moniteur (Journal Officiel), Mardi 10 Juin 2014, Spécial No. 2 -- content verified against downloaded PDF cover page. Site 'Publié le' date: 10 juin 2014.