Equilibrio en el presupuesto público colombiano

Abstract

This paper presents the results of the research carried out regarding the development that the Budget Balance Principle has had in Colombia, finding that the 1991 Political Constitution through article 347 opened the door for the approval of the Total Expenditure Budget without being required the approval of the Revenue budget required for its entire financing, an investigation that was carried out in order to identify mechanisms that contribute to Balancing the Colombian Public Budget, that contribute to reducing the levels of improvisation that are currently seen, thereby improving by hence the effects of Public Social Expenditure. The study carried out, part of the Colombian Political Constitution of 1886 in its article 206, which contemplated that the Expense budget had to be presented together with its respective Income Budget to proceed to its respective approval, which is ratified by article 8 of the Law 38 of 1989, where the principle of Balance of the Colombian Public Budget was expressly defined, however, this principle has changed over time, this is how Article 9 of Law 1989 was modified by Article 4 of the Law 179 of 1994 which made some modifications to Law 39 of 1989. Law 5 of 1992 was also taken into account, by which the Regulations of Congress are issued; the Senate and the House of Representatives, specifically in Article 212, which establishes that the additional income required to finance expenses will not prevent the approval of the budget and that they will continue their respective processing. In the Political Constitution of Colombia of 1991 that is in force, it was identified that the Colombian Public Budget has its principle of Legality in articles 346 to 353 of the aforementioned political letter. Likewise, Decree 111 of 1996 was studied, by which the Statute E.O.P. Organic Statute of the Budget in Colombia, which describes the principles that govern the Budget in Colombia, as well as the factors that make up the Public Budget, finding that the principle of Budget Balance was not contemplated in this regulation. Finally, for the present investigation, the judgments of the State Council where the Principle of Budget Balance and the criteria of Colombian Experts on the matter such as doctors Juan Camilo Restrepo and Henrry Amorocho Moreno are developed.