1. The State Budget shall constitute the annual or multi-annual consolidated
state financial plan and must reflect the objectives, targets and measures
contained in the national planning instruments.
2. The State Budget shall be a single budget, shall estimate the level of revenue
to be obtained and shall set limits for authorised expenditure in each financial
year for all services, public institutions, autonomous funds and social
security, in addition to those of the local authorities, in order ensure that all
estimated expenditure is financed.
3. The state s hall define the rules for drawing up, presenting, approving,
executing, overseeing and controlling the State Budget.
4. The implementation of the State Budget shall observe the principles of
transparency and good governance and shall be overseen by the National
Assembly and the Court of Auditors, under the terms defined by law.
TITLE IV
ORGANISATION OF STATE POWER
CHAPTER I
GENERAL PRINCIPLES
Article 105
(Sovereign bodies)
1. The President of the Republic, the National Assembly and the courts shall be
sovereign bodies.
2. The formation, composition, powers and functioning of the sovereign bodies
shall be as defined in the Constitution.
3. The sovereign bodies must respect the separation and interdependence of the
functions established in the Constitution.
Article 106
(Appointment of the President of the Republic and Members of the National
Assembly)
The President of the Republic and the Members of the National Assembly shall be
elected by universal, direct, secret and periodic suffrage, under the terms of the
Constitution and the law.
Article 107
(Electoral administration)
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