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The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
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The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
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The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\

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The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\
Journal Article

The New and Innovative Aspects in the General State Revenues and Expenditures Code \in Light of Enabling Act 18-15 and Executive Decrees 20-353 and 20-354\

2024
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Overview
It was necessary, after more than 39 years since the issuance of Law 84-17, to review the general framework that governs the general budget in line with the new concepts of budgeting. These concepts have evolved from a zero balance to a regulated deficit, from direct estimates and revenue mechanisms to fixed and new expenditure estimates, to estimates through the medium term. These changes were legislated with the issuance of Organic Law 18-15, which relates to financial laws and diversifies state revenues outside of hydrocarbon taxes with the issuance of the new Revenue Code specified by Executive Decree 20-353, which defines the components of state revenue classification. Furthermore, a review was carried out for the new expenditure code, as specified by Executive Decree 20-354, which defines the components of state budget expenditure classifications, especially as we apply the first performance budget for the fiscal year 2023.