Budget Execution Units definition
Budget Execution Units means the Recipient’s Unidades Gestoras Executoras as defined by Chapter III of the Recipient’s Regulamento do Sistema de Administração Financeira do Estado, and approved by the Recipient’s Decree 23/2004 of August 20, 2004, and published in the Recipient’s Boletim da Repùblica on August 20, 2004.
Examples of Budget Execution Units in a sentence
The Recipient’s Ministry of Finance has ensured that during FY 2009: (i) 90 percent of the total value of budgetary expenditures for goods, services, and investments for the Budget Execution Units (Unidades Gestoras Executoras) with access to the integrated electronic financial management system(e-SISTAFE), has been incurred through e- SISTAFE under Direct Budget Execution; and (ii) at least 10 percent of said Budget Execution Units’ total wage bill has been incurred under Direct Budget Execution.