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Articles

No. 17 (2008)

Federal Budgeting and Public Spending Volatility: Congress versus the Executive

  • Fernando Gaona Montiel
  • Pablo Trejo Pérez
DOI:
https://doi.org/10.29201/aqd1h883
Published
March 28, 2008

Abstract

The politic struggle for power is focused in the distribution of federal budget. This is reflected in the Congress and in the budgetary alterations of the Public Purse Secretary. Althoungh, this doesn't mean a better accountability of public resources in form automatic. The public expenditure decreases and it accounts for 22.4% of Gross Domestic Product in 2008, but doesn't assure greater discipline of public expenditure. Around 91% of public expenditure already has a predetermined allocation or commitment. 

The remaining 9% is redistributed by The Congress and Public Purse Secretary, by means of allocation or seattling of scores that provoke an over-exercise of under-exercise. The Law of Federation Superior Auditing considers checking the public account, but does not think about strict regulatiosn, which prevent the change in use of resources in future elections.

References

  1. Amieva-Huerta, Juan (2002). Temas selectos de Finanzas Públicas. Edit. Porrúa. México. 2002.