Gross Budget Principle

  • May 18, 2021
  • Ingesto
  • 1 min read

Principle according to which the LOA must record revenues and expenses at their total and gross value, with any deductions being prohibited.

  • Law No. 4320/1964, art. 6th.
  • General Concept: Budgetary Principle.
  • Synonym: Gross Budget (Principle).