TREASURY RESOURCES GUARANTEE A MAJOR PART OF BAHIA’S INVESTMENTS IN 2023

The State Treasury’s own resources corresponded to most of the R$8.38 billion disbursed by the State of Bahia for public investments in 2023. Of this total, only R$764.2 million came from internal and external credit operations contracted by the government Bahia, while more than 90% of the resources were guaranteed by the State treasury. The data was presented by the Secretary of Finance, Manoel Vitório, during a public hearing on the state accounts this Tuesday (23), at the State Legislative Assembly (Alba).

Vitório also emphasized maintaining the balance of public accounts in the first year of Governor Jerônimo Rodrigues’ administration. He also recalled that 2023 was the year in which Bahia achieved Capag A, the highest grade for the management of state accounts, awarded by the National Treasury Secretariat. The secretary also noted that, in contrast to the significant amount invested in expanding infrastructure and providing services to citizens, the debt of the State of Bahia remains among the lowest in the country: the net consolidated debt ended the last year at 36%. of net current revenue, a percentage well below that recorded by the largest states in the country.

In another health indicator in state accounts, Bahia, as in previous years, fulfilled the constitutional requirements for expenses in the areas of Health and Education. 15.43% of Net Revenue from Taxes and Constitutional Transfers were spent on Health, well above the minimum limit of 12% established by the Constitution.

In Education, expenditure totaled 25.64% with resources from tax revenue, also exceeding the minimum limit of 25%. In the area of ​​education, according to the secretary, expenses were even greater, however, due to public finance rules, additional investments of R$ 2.3 billion from other sources were not considered when calculating compliance with the constitutional limit.

Photo: Disclosure/Sefaz