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Elections

Fogo: Mosteiros awaits debt statement and Government approval to borrow and complete works

São Filipe, May 5 (Inforpress) – The City Hall of Mosteiros awaits issuance of the debt statement and Government approval to borrow more than 27 million escudos to complete some works from the  Requalification, Rehabilitation and Accessibility Program (PRRA).

The deputy Mayor of Mosteiros, Jaime Monteiro Júnior, stated that the municipality is “practically stopped, still waiting for the government’s approval to borrow more than 27 million escudos from a financial institution”.

The government’s debt to the Mosteiros is 54 million escudos, but at this time the City Hall awaits the debt statement by the Ministry of Infrastructure, Housing and Land Planning, which promised to send the State’s approval to borrow and proceed with the completion of the works.

According to him, the Ministry of Infrastructure debt referring to the part of the amounts not transferred from two contracts concluded in October 2019, under the PRRA is 27.7 million escudos.

JR/AA/HVF

Inforpress

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