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Government and City Halls agree to create “special accounts” to ensure greater control of disbursements from the Environment Fund

Praia, Oct 14 (Inforpress) – The Government and City Halls have reached consensus for the creation of “special accounts” to ensure better financial control of disbursements from the Environment Fund and assist in accelerating the financial implementation of programs and projects.

This information was advanced by the Minister of Agriculture and Environment, Gilberto Silva, in a statement to the press, Wednesday, on the sidelines of the meeting between the Government and the City Halls to define the ways of implementing the projects financed by the Environment Fund for the coming years.

“We have a financial envelope of around 1.9 billion escudos to be executed over the next four years and we intend to draw lessons from the past four years and improve procedures so we can improve governance in terms of speed, transparency, efficiency in the implementation of the programmes and projects financed by the Environment Fund”, he said.

The ruler said the meeting was quite “timely” and the need to work was established to improve the disbursement system in the implementation of the programs and projects financed by the Environment Fund.

CM/HF/HVF

Inforpress

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