Regulatory Alerts2024-01-01 | JPRF-G-2024-0112Resolution No. JPRF-G-2024-0112 Approves the Budget of the Bank of the Ecuadorian Social Security Institute for the 2024 Fiscal Year
The Financial Policy and Regulation Board of Ecuador issued Resolution No. JPRF-G-2024-0112 to formally approve the 2024 budget for the Bank of the Ecuadorian Social Security Institute (BIESS). The resolution mandates that BIESS adhere to specific public financial management norms and submit the approved budget to the Ministry of Economy and Finance and the National Assembly within 30 days. This approval covers administrative and investment budgets for the fiscal year running from January 1 to December 31, 2024, as detailed in the attached annex.
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