Report on the Settlement of the General Budget of the Republic 2025
The results of the execution of the 2025 budgetary exercise show correspondence with the objectives of fiscal policy; maintaining the stability of public finances.
TL;DR
- 2025 budget execution met fiscal policy objectives, ensuring public finance stability and supporting economic growth.
- Revenue collection reached C$180,045.0 million, exceeding the updated annual budget by 8.0% and showing a 16.0% increase from 2024.
- Total expenditure was C$151,685.2 million, representing 95.3% of the updated annual budget, with C$52,400.4 million allocated to capital expenditure.
- Social spending was C$83,435.9 million (96.3% execution), with health and education sectors receiving C$54,199.9 million, constituting 65.0% of social spending.
- Poverty reduction programs received C$99,368.0 million, an increase of 11.6% from 2024.
- A global surplus of C$28,359.8 million was achieved, attributed to better tax collection and prudent spending.
- The results reflect the government's commitment to improving quality of life and achieving development objectives outlined in the National Plan 2022-2026.