Article 155
1. Taxes are levied by virtue of the law, which regulates the rate of taxation, tariffs, dispensations and guarantees for taxpayers.

2. No privilege with regard to taxes shall be permitted other than by virtue of the law.


Article 156
1. The manner in which the annual budget is prepared, drafted and executed and the period for which it is valid are regulated by law.

2. All expenditures of the State and the means for the defrayal thereof shall be estimated in the budget.

3. Annually, at the latest on the first working day of October the budget shall be submitted to the National Assembly in one or more proposals of law in accordance with the law and with the government development plan.

4. On the occasion of the submission of the budget proposal by the Government to the National Assembly, the President will address the National Assembly in a special session.
  1. The budget shall become effective starting January 1st of the fiscal year to which it relates.
  2. It shall be considered to have become effective from that day, notwithstanding it could have been promulgated thereafter.
5. As long as that has not occurred, the budget of the fiscal year preceding the year in question shall serve as basis for the management.
  1. The closing of the accounts shall be decided by law for each fiscal year separately.
  2. The justification of revenue and of expenditure of the State is done before the National Assembly following legal prescriptions and with submission of the accounts reviewed by an independent organ to be created by law.