Santo Antão: UCID against bank loan from Paul’s chamber in pre-election season

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Santo Antão: UCID against bank loan from Paul's chamber in pre-election season
Santo Antão: UCID against bank loan from Paul's chamber in pre-election season

Africa-Press – Cape verde. The municipal elected member of the Independent and Democratic Cape Verdean Union (UCID, opposition) Anilton Fernandes considered this Monday “inconvenient” the bank loan that the Paul City Council intends to take out to resolve debts and investments in the pre-election period.

“We regret this late decision by the Paul City Council to make such loans, which would be fair for the people of Paul, however, given political responsibility and seriousness, the UCID considers and finds such loans inconvenient in this pre-election season”, declared the elected on the lists of the Christian Democratic party.

Anilton Fernandes, who was speaking to journalists at a press conference, explained that the São Paulo chamber intends to issue a bank loan, whereas previously the Paul Municipal Assembly had already unanimously authorized, in March 2023, two loans on the Cabo Stock Exchange Verde whose purpose would be to resolve debts and municipal investments.

“Despite the public debt of the municipality being one hundred and forty-eight million, two hundred and forty thousand, two hundred and ninety escudos”, the elected municipal member of the UCID in Paul considered that as he was already at the end of his term of office, what caused him “astonishment”” is for the city council to request a new loan with the same values ​​and purposes that it had previously requested from the Stock Exchange, a year ago.

And, in this sense, Anilton Fernandes was categorical and said the UCID “does not agree” with this new loan, taking into account that the current council management is approximately six months away from the end of its mandate, which. According to the same source, it contributes to the increase in the municipality’s public debt.

“It should be noted that this team is about to complete 12 years of governance and if it wanted to make any serious investment for the good of the people of São Paulo, it would have done so in time”, concluded Anilton Fernandes.

According to the same source, it is clear to all that Paul has been “regressing” with the current council team, thus “contributing” to “impoverishment”.

This is because, he concluded, there is “a lack of strategic vision and political will” and “poor management” at the city council.

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