{"id":14737,"date":"2023-04-24T17:00:05","date_gmt":"2023-04-24T17:00:05","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/rise-in-shipping-prices-economist-paulino-dias-sends-a-message-to-olavo-correia-and-says-he-is-in-solidarity-with-those-most-affected"},"modified":"2023-04-24T17:12:47","modified_gmt":"2023-04-24T17:12:47","slug":"rise-in-shipping-prices-economist-paulino-dias-sends-a-message-to-olavo-correia-and-says-he-is-in-solidarity-with-those-most-affected","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/rise-in-shipping-prices-economist-paulino-dias-sends-a-message-to-olavo-correia-and-says-he-is-in-solidarity-with-those-most-affected","title":{"rendered":"Rise in shipping prices: Economist Paulino Dias sends a \u201cmessage\u201d to Olavo Correia and says he is in solidarity with those most affected"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>From economist to economist\u201d, is how Paulino Dias entitles the \u201cmessage\u201d he sent, Thursday, 21, to the Deputy Prime Minister and Minister of Finance, Olavo Correia, about what he considers a \u201cbrutal rise\u201d in the prices of inter-island shipping. \u201cThe Government still has time to review this measure\u201d, says this Cape Verdean economist.<\/p>\n

Paulino Dias, used his page on the social network Facebook to make his considerations\/readings on the new concession contract and the increase in the prices of inter-island maritime transport that has been generating widespread discontent, especially among traders, farmers, drivers and passengers of the Santo Anta\u0303o-Sao Vicente circuit.<\/p>\n

\u201cI think that the Government still has time to review this measure and move away from it. From Economist to Economist: Mr. Minister of Finance Olavo Correia will naturally be aware of the potential economic impacts of this increase in vehicle transport costs between those two islands. Especially for an island (Santo Anta\u0303o), which already faces very difficult structural economic challenges\u201d, advanced Paulino Dias in his publication.<\/p>\n

Concession contract \u201cscary for public coffers\u201d<\/p>\n

This \u201cappeal\u201d was made after some considerations\/interpretations or readings of the new concession contract, which in his view is \u201cscary for public coffers\u201d \u2013 a model that is \u201cunknown in other parts of the world\u201d.<\/p>\n

Transfer of \u201call risks\u201d to the State<\/p>\n

\u201cIn this revision of the concession contract, what we see is the transfer of all risks to the State of Cape Verde\u201d, considers the economist referring to both economic, financial and operational risks.<\/p>\n

Since \u201cin Public-Private Partnerships there are risk management and sharing agreements between the State (grantor) and the private sector (concessionaire)\u201d, Paulino questions why \u201cin this specific case (…) the essential risks were ‘pushed ‘ to the public part,” he added.<\/p>\n

Based on Annex III, paragraph II, it explains that \u201cthe device for annual updating of the amount of the compensatory subsidy contains a ‘subtlety’ that is at least aberrant, but potentially harmful to the public purse\u201d.<\/p>\n

Economic crime against Santo Anta\u0303o<\/p>\n

Considering that the \u201cbrutal rise in the price of vehicle transport mainly affects trade and local tourism between the islands of Santo Anta\u0303o and Sa\u0303o Vicente\u201d, this economist says that this situation reveals itself as an \u201ceconomic crime for Santo Anta\u0303o\u201d.<\/p>\n

\u201cThis, in addition to not having any support in Science, becomes an immorality and an economic crime against the island of Santo Anta\u0303o\u201d, he advanced, noting that he is surprised by \u201cthe complicit silence\u201d of the three Santo Anta\u0303o municipalities and the \u201cIllustrious Deputies\u201d.<\/p>\n

\u201cCape-verdura\u201d and \u201csalgalhada\u201d in maritime transport in Cape Verde.<\/p>\n

In the opinion of this economist, the increase in the price of maritime transport was an \u201cauthentic salty mess\u201d that \u201cwill certainly go down in history and in economics textbooks, studied in faculties around the world\u201d.<\/p>\n

The same is said in solidarity with the farmers, traders, owners and drivers of vans who regularly make the Santo Anta\u0303o-Sa\u0303o Vicente-Santo Anta\u0303o circuit, those who will suffer the most from what he called \u201ccabo-verdura\u201d and \u201csalt\u201d in maritime transport in Cape Verde.<\/p>\n

For More News And Analysis About Cape verde<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Cape verde. From economist to economist\u201d, is how Paulino Dias entitles the \u201cmessage\u201d he sent, Thursday, 21, to the Deputy Prime Minister and Minister of Finance, Olavo Correia, about what he considers a \u201cbrutal rise\u201d in the prices of inter-island shipping. \u201cThe Government still has time to review this measure\u201d, says this Cape […]<\/p>\n","protected":false},"author":84,"featured_media":14736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[233,331,328],"class_list":["post-14737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nRise in shipping prices: Economist Paulino Dias sends a \u201cmessage\u201d to Olavo Correia and says he is in solidarity with those most affected - Cape Verde<\/title>\n<meta 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