The National General Budget for this year totals $546.9 trillion, with the majority allocated to transfers and operating expenses. However, investment execution has been slow in January, reaching only 1.2% of the available appropriation. Key sectors like transportation show minimal progress, while others have yet to record any obligations.
The National General Budget is set at $546.9 trillion for the year, with transfers accounting for 75% of the total at $269.1 trillion. Among these, the General Participation System leads with $88.3 trillion (32.8%), followed by pensions at $83.1 trillion (30.9%) and health insurance at $46.9 trillion (17.3%). Personnel expenses total $66.5 trillion (19%), with 43% allocated to defense, 28.9% to the Judicial Branch, Prosecutor's Office, and autonomous bodies, and 28.2% to the Executive Branch. The acquisition of goods and services reaches $17.7 trillion, balanced across sectors but led by defense at 38.7%.Regarding investment, the available appropriation in January is $88.4 trillion, but obligations only reach $1 trillion, equating to 1.2% execution. The transportation sector has $15.5 trillion assigned, with obligations of $218 billion (1.4%). Social inclusion and reconciliation has $10.7 trillion with no execution recorded, similar to mining and energy with $10.1 trillion. Equality and equity advances at 2.4%, and education at just 0.1%. The Finance Ministry stands out with 8% execution ($392 billion), followed by defense and police at 3%.The budget backlog rises to $48.9 trillion in January, made up of $48.1 trillion in reserves. Of this, $22.6 trillion has been obligated for goods and services delivery, and $9.6 trillion paid through the Annual Cash Program. This moderate start indicates a slow beginning in executing investment resources, prioritizing other spending categories.
