Budgetary Principle which establishes that expenditure authorizations are valid for a limited period, under the following terms: for the LOA, it is the Financial Year; for additional open credits, it is until the end of the Financial Year; and for reopened credits, it is until the end of the Financial Year of reopening.
- CF, arts. 165, III, and 167, § 2.
- See also: Additional Credit, Financial Year, Annual Budget Law (LOA) It is Reopening of Special Credit or extraordinary.
- General Concept: Budgetary Principle.
- Synonyms: Principle of Periodicity, Annuality (Principle) It is Periodicity (Principle).
Principle of Discrimination
To see Budget Specificity Principle Principle of Economicity
Principle that aims to minimize public spending, without compromising quality standards. It refers to the ability of an institution to adequately manage the financial resources made available to it.
- CF, art. 70.
- General Concept: Budgetary Principle.
- Synonym: Economicity (Principle).
