{"id":21341,"date":"2023-11-28T11:36:05","date_gmt":"2023-11-28T11:36:05","guid":{"rendered":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/praia-city-council-debates-amending-budget-for-2023"},"modified":"2023-11-28T12:57:58","modified_gmt":"2023-11-28T12:57:58","slug":"praia-city-council-debates-amending-budget-for-2023","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/cape-verde\/all-news\/praia-city-council-debates-amending-budget-for-2023","title":{"rendered":"Praia City Council debates Amending Budget for 2023"},"content":{"rendered":"

Africa-Press – Cape verde. <\/strong><\/span>The Praia Municipal Assembly met this Monday, on the first day of the seventh ordinary session with the purpose of debating and approving the 2023 Amending Budget and the Activity and Budget Plan for the economic year 2024.<\/p>\n

During his intervention, the mayor, Francisco Carvalho, explained that this new budget is based on including a bond loan in the amount of two million contos that will be taken out from the Cape Verde Stock Exchange (BVC) to implement the \u201c dreams and projects\u201d of residents.<\/p>\n

Another reason, he said, is related to the stoppage of works in the Sucupira market, justifying that the municipality received two proposals, one relatively below the value of the cost of the works and another proposal much higher.<\/p>\n

\u201cSucupira is, without more or less, the most dynamic area of \u200b\u200bCape Verde\u2019s economy. We have a lot of inferiority complex in the informal sector, which is why we underestimate and do not give due value to the market. But the city council values \u200b\u200bit, that’s why we made this big bet, we ran a competition, but when we analyzed it was expected to cost 40 thousand contos and in the end it was 98 thousand contos\u201d, he explained.<\/p>\n

According to Francisco Carvalho, this budget indicates that the city council has been governing with \u201cethical values \u200b\u200band principles\u201d based on transparency and not, he highlighted, \u201cin an attempt to deceive or create narratives\u201d for the population.<\/p>\n

The leader of the Movement for Democracy (MpD) bench, Joa\u0303o Cabral, said that the amending budget, which includes a revenue of 2,723,333,623 escudos, of which 138,999,000 escudos, corresponds to the revenues from the fund of the Public Supply Service of the Municipality of Praia (Sepamp), reached the Municipal Assembly without approval from the council.<\/p>\n

Joa\u0303o Cardoso questioned the lack of information in the instrument presented in just three articles, ensuring that the previous budget for 2023 approved by the majority contained \u201c32 articles\u201d.<\/p>\n

\u201cThis budget reaches the municipal assembly for approval without approval by the city council despite the president having the majority due to the request to suspend the order of councilor Samilo Moreira. Therefore, this budget arrives illegally, violating article 92 of law 134\/IV\/95 and article 46 of the financial regime for local authorities law no79\/VI\/2005 of 5 September\u201d, he contested.<\/p>\n

For his part, the leader of the African Party for the Independence of Cape Verde (PAICV), Aquiles Barbosa, clarified that article 46 establishes the amending budget specifically, he stressed, to overcome the problems of allocation of funds and establish priorities in governance .<\/p>\n

\u201cThe budget had a reduction in expected revenue funds because, as we know, the world is going through a crisis with an increase in goods and services, it was necessary to welcome families. Some revenues that were supposed to come in did not come in and one of these revenues is the transfer of the Tourism Fund, the Environment Fund and the PRRA [Rehabilitation, Requalification and Accessibility Program] budget itself\u201d, he highlighted, adding that for the year 2024 will have a new continuity budget focusing on the investment portfolio and the municipality’s most pressing issues.<\/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. The Praia Municipal Assembly met this Monday, on the first day of the seventh ordinary session with the purpose of debating and approving the 2023 Amending Budget and the Activity and Budget Plan for the economic year 2024. During his intervention, the mayor, Francisco Carvalho, explained that this new budget is […]<\/p>\n","protected":false},"author":84,"featured_media":21340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,244],"tags":[233,331,328],"class_list":["post-21341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-cape-verde","tag-cape-verde"],"yoast_head":"\nPraia City Council debates Amending Budget for 2023 - Cape Verde<\/title>\n<meta name=\"description\" content=\"The Praia Municipal Assembly met this Monday, on the first day of the seventh ordinary session with the purpose of debat ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/cape-verde\/all-news\/praia-city-council-debates-amending-budget-for-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Praia City Council debates Amending Budget for 2023 - 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