Nº48 www.economiayfinanzas.gob.bo 1/2 XX Century University

Nº48 www.economiayfinanzas.gob.bo 1/2 XX Century University

NEWSLETTER
XX Century University signs Agreement
with Government and calls of protests
XX Century University, in Potosí
This year the University will have a 6%
increment on Ordinary Royalties . The
Ministry of Economy and Public Finances
established that revenue from Specific
Resources was overestimated.
The XX Century University (UNSXX) will have
this year an increment of 6% to Ordinary
Royalties, percentage equivalent to Bs749.900,
according with the agreement signed by its
authorities with the Ministry of Economy and
Public Finances on August 29th. Reason why
this University called of protests.
According with the 2012 Ordinary Royalties
Increment for the
UNSXX, the technical
personnel from the Ministry of Economy and
Public Finances and the commission from this
University from Potosi
determined the
existence of a budget deficit in the item
10000 (Personal Services ) of Bs566.228, as a
result of the new estimation
on Specific
Resources.
AUGUST
30TH
30 de
agosto
de2012
2012 - Nº48 www.economiayfinanzas.gob.bo
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NEWSLETTER
“Amount —according with the agreement signed
— that does not include a possible wage that will
be determined by the University (Siglo XX). In
this sense was determined to increase Ordinary
Royalties in 6%”.
This 6% increment for the UNSXX agrees with
the government proposal to allocate a
differentiated increment of Royalties for each one
of the state universities in function of their own
resources.
The Public University System on August 21th.
The second results established that Specific
Resources projected for the UNSXX (Bs12,3
millions) were overestimated and that those
would not be recovered totally in 2012, with a
projected revenue of Bs4,9 millions.
UNSXX payrolls were compared with those
provided by the Nation’s General Treasury
(TGN), with a result that did not show any
significative difference.
But the Public University System
demands to the Government aThe XX Century University in However
XX
Century
15% increment to cover the2012 will get a 6% Ordinary University pointed out that
vegetative growth of its studentsRoyalties according with the he has not reported all its
and the inflation rate.
Ministry of Economy and payrolls and that there were
Public Finances proposal thatdelays in the payment pf
Technical study
was accepted by this public salaries in June , due to
which was the July payroll the
university.
one
considered
as
the
parameter to project the rest
of 2012.
During the technical assessment , on
August 27th , both commissions proceed to
review budget documents from the items 41111 (Ordinary Royalties), 41 -113 (TAX Co
Participation ) and 20-230 (Specific Resources)
aiming to establish the existence of surplus and
deficit of resources at the UNSXX to fulfill
commitment during 2012.
generate those, and that were communicated to
The fourth result showed that UNSXX requires
more resources to execute different investment
programs as well as the necessity to equilibrate
current costs directed to scholarships and
According with the agreement signed, the first
results of the technical study
is that the
established numbers were confirmed by the
Ministry of Economy and Public Finances and
that had some administrative problems to
wages those are below the average in the
Public University System.
30 de agosto de 2012 - Nº48 www.economiayfinanzas.gob.bo
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