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Catégorie

📚
Éducation
Transcription
00:00An estimated credit is a state budget allocation whose amount is entered in the finance law.
00:04This does not constitute a strict spending limit, but simply an informative estimate.
00:09Unlike traditional credit limits, this mechanism deviates from the principle of budgetary specificity to apply to legal obligations
00:16essential items whose final true cost is impossible to predict accurately in advance.
00:21It is mainly used to service the public debt, pay government interest, or
00:25settlement of legal fees.
00:27If actual needs exceed the initial budget forecasts, the necessary expenditures can be committed and allocated directly.
00:34beyond the approved ceiling, on the sole condition that the Minister of Finance immediately informs Parliament by
00:39decree.

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