Africa-Press – Cape verde. An insufficiency in the law prevented the transfer of powers from regulatory agencies to the Cape Verdean Competition Authority (AdC), which as a result still does not function normally, the institution’s president, Emanuel Barbosa, admitted today.
” This year was very complicated because a legal insufficiency was identified in the decree-law that created the Competition Authority, which did not allow the transfer of services from regulatory agencies [to this body], as stipulated in the decree-law”, stated Emanuel Barbosa , on the beach.
After handing over to the President of the National Assembly, Austelino Correia, the AdC’s activity plan and planned budget for the economic year 2024, Emanuel Barbosa warned that the investments that were planned were not made this year, and the institution “is greatly lacking” them in various dimensions.
” The budget at this moment is worth 190 million escudos [1.7 million euros], this in accordance with the commitment made with the vice-prime minister in a gradual installation “, stated Barbosa, clarifying that the budget for the The year 2024 is to cover investments and create the conditions for the institution to function properly.
The AdC, he said, intends to hire employees next year to respond to demands and prepare competent technicians so that the decisions produced are reliable.
” It is necessary to take into account that we are talking about an area of great specialization and technicality, therefore, it is necessary to train people who leave universities but do not leave with specific training to work in this area “, he highlighted.
For next year, the institution is expected to have facilities to operate, which due to lack of resources was not possible this year.
” wealth of work that the institution has.
” The Competition Authority has transversality, we are not sectoral, we have the entire transversality of the economy. We have a big undertaking here “, he reinforced, indicating the importance of seeing how the Competition Authorities of other countries are positioned.
” They are positioned at a very high level. Just look in Portugal at how the AdC is positioned, in Brazil, even in the PALOP [Portuguese-Speaking African Countries], in Mozambique, in Angola, which recently created Competition Authorities In Cape Verde it cannot be different, it cannot be expected that the Competition Authority is a poor relative of the ecosystem, regulation and competition “, he concluded.
The AdC is a body created in 2022 by the Government, to separate regulatory issues from those related to competition and with the aim of creating equal opportunities for everyone.
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