Committee C Hosts Seminar on 2014 State Budget to Prepare MPs for Upcoming Debate

Dili – Committee C hosted its annual seminar to help prepare Parliamentarians for the upcoming debate on the 2014 General State Budget scheduled to begin in early November. The one-day event was designed to help improve the quality of the debate and public auditing of the budget by each Committee and the Plenary by providing Members of Parliament with a greater understanding of the major issues to be addressed in the annual budget. (Lee versaun Tetum iha ne'e)

Members of the Parliament, Parliamentary staff and Government officials attended the day-long seminar. The Ministry of Finance presented the overview of the 2014 General State Budget. The Central Bank of Timor-Leste explained inflation and the available measures that the bank can take to control inflation. The Court of Appeal introduced its role as the independent financial jurisdiction of the state. International and bilateral aid organizations including the World Bank, IFC, ADB and JICA each made presentations related to the budget or their individual infrastructure projects.  The seminar was supported by UNDP’s Parliament Project, Strengthening Institutional Capacity of the National Parliament, which is funded by the European Union.

Highlights

  • The one-day event was designed to help improve the quality of the debate and public auditing of the budget by each Committee and the Plenary by providing Members of Parliament with a greater understanding of the major issues to be addressed in the annual budget.
  • The seminar was supported by UNDP’s Parliament Project, Strengthening Institutional Capacity of the National Parliament, which is funded by the European Union.
  • “In order to achieve the goals set out in Strategic Development Plan by 2030 we need to diversify the private sector, especially focusing on development of agriculture, tourism and petroleum industry’’

“In order to achieve the goals set out in Strategic Development Plan by 2030 we need to diversify the private sector, especially focusing on development of agriculture, tourism and petroleum industry’’,  said Helder Lopes, Acting Coordinator for Directorate of Economic Policies of Ministry of Finance. “It is for this reason that continuous investment on infrastructure and human capital are a major characteristic of the 2014 Budget though it at lower than previous levels to reflect the slow execution of existing projects.”

During the question and answer sessions, Parliamentarians and international advisors actively discussed a wide range of issues including unemployment reduction and infrastructure. Public hearings for Government Ministries, public sector institutions and civil society were held from 4-18 November. The debate to scrutinize the budget will be held from 9-20 December, 2013.

For more information please contact Mr. Cesar Dias Quintas, Project Manager at cesar.quintas@undp.org

Contact UNDP Timor-Leste

Media Inquiries:

Jeanne Finestone

Media & Communications Officer

Phone: (+670) 7732 7211
jeanne.finestone@undp.org