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Article 69 • Budget bills • Finance bills The Law of Finance determines the resources and the obligations of the State. constituteproject.org PDF generated: 28 Feb 2020, 00:44 Page 16Djibouti 1992 (rev. 2010) The National Assembly is referred to the matter of the Bill of the Law of Finance of the year (Budget of the State) from the opening of the ordinary session preceding the budgetary period and in any case before 15 November. The Bill of the Law of Finance must provide for the receipts necessary for complete coverage of the expenditures. The Bill of the Law of Finance is voted at the latest in first reading within the time of thirty-five days following its deposit. In case of rejection or amendment, a second reading can be demanded. If the budget is not voted before 1 January, the President of the Republic is authorized to re-implement the budget for the previous year by provisional twelfths. The budget may only be adopted in plenary session. Article. 70 The President of the Republic negotiates and approves the treaties and international conventions, which are submitted to the ratification of the National Assembly. • Foreign affairs representative The treaties or agreements regularly ratified have, on their publication, an authority superior to that of the laws under reserve, for each agreement or treaty, to its application by the other party and of its conformity with the relevant provisions of the law of treaties. • Legal status of treaties Without prejudice to the previous paragraph, the ratification or the approval of an international engagement containing a clause contrary to the relevant provisions of the Constitution may intervene only after the revision of it. • Treaty ratification