Extraordinary Meeting of the Council of Ministers of January 13, 2020

Presidency of the Council of Ministers

Eighth Constitutional Government

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Press Release

Extraordinary Meeting of the Council of Ministers of January 13, 2020

The Council of Ministers met at the Kay Rala Xanana Gusmão Auditorium at the Ministry of Finance in Dili and approved the Government Decree, presented by Acting Finance Minister Sara Lobo Brites, on budgetary implementation in a duodecimal regime. Given that the procedure for passing the 2020 State General Budget Law is not yet complete, this Government Decree approves, under Law No 13/2009, amended by Laws Nº 9/2011 and Nº 3/2013, the set of rules to discipline the application of the duodecimal regime. This diploma takes effect on 1 January 2020 and ceases automatically after the entry into force of the State General Budget law for 2020.  ENDS

url: http://timor-leste.gov.tl?lang=en&p=23453