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More than 401% of public companies in the water sector already execute their budgets through the SIGEF
The General Budget Directorate It presented the progress achieved by companies in the water sector that have joined the online execution modality in the first quarter of the year, through the Financial Management Information System (SIGEF).
The initiative responds to Presidential Instruction No. 8661, issued on April 29, 2021, which indicates that Non-Financial Public Companies must execute their budget through SIGEF and is framed within the Institutional Strategic Plan of Digepres, which seeks to strengthen management and budget transparency.
In a presentation led by the Director General of Budget, José Rijo Presbot, and Ana Lucía Burgos, Head of Public Enterprise Services of DigepresIt was revealed that, of the eight Water and Sewerage Corporations (CORAA) and the National Institute of Drinking Water (Inapa), Between January and March, four entities completed their integration into SIGEF. The remaining entities are partially integrated and are working to finalize pending activities so that, between April and June, they can complete their integration into the system and execute their budgets online.
Moca, La Romana, Boca Chica and La Vega are the four corporations that operate through the system.
Rijo Presbot took the opportunity to reiterate the need to continue complying with the rules and adhering to transparency in the management of public resources and emphasized the Budget's support to continue promoting efficiency and transparency. “There is a commitment from the president, a will, which has our support to continue efficiently resolving the water problem.”Rijo Presbot added.
Performance improvements and a more transparent process
According to the report submitted by Digepres, the expenses of entities in the water sector began to be recorded in the SIGEF system in February with an amount of RD$272.92 million, primarily allocated to contracted services. In March, the amount reached RD$738.83 million, along with a more detailed breakdown of expenditures, such as the construction of hydraulic and sanitary works, payroll, and the purchase of materials and supplies. This demonstrates an improvement in the performance of these entities in executing their budgets through SIGEF.
The Integrated Financial Management System (SIGEF) is a tool that, through the internet, allows public institutions to manage their budgets, register their accounting and authorize payments, and is a mechanism for transparency in public management.
Those present at the meeting included Wellington Arnaud, executive director of Inapa; and Alberto Rodríguez, financial director of the Santo Domingo Water and Sewerage Corporation. (CAASD); Andrés Burgos, director of Coraasan; Reynaldo Méndez, director of Coraamoca; Wandy Batista, director of Coraarom; Oliver Nazario, director of Coraaplata; Félix de la Cruz, director of Coraabo; Roque Badía, director of Coraamon and Vladimir Viloria, general director of Coraavega.
