Resumen de Macau: : New budgetary framework

Frederico Rato, José Filipe Salreta

• The article reports on a law on the budgetary framework that was presented before the Legislative Assembly of Macau on January 29 2016. Topics mentioned include the main points of the legislative proposal stressed by the Macau Finance Department, principles established by the legislation that aims to ensure the sustainability and budgetary balance of Macau, and the budgetary estimate for public works contracts that extend over a year.