Municipality of Praia: Proposal of the budget for 2018 valued at 2.5 billion escudos

 

Praia, Nov 8 (Inforpress) – The budget proposal of the City Hall of Praia (CMP) for 2018 is valued at 2.5 billion escudos and will have priority investments in the environment, said the mayor of Praia, Óscar Santos.

Speaking to journalists, on the sidelines of the 4th Ordinary Session of the Municipal Assembly for the 2016/2020 mandate, the Mayor assured that the City Hall of the capital has as strategic axis the assumption of a city committed to the environment, planned and organized about specific programs and projects.

According to Óscar Santos, the amount foreseen for the year 2018 is of 2.5 million contos, being more than one million escudos are for the expenses of investments.

“In terms of investment, there was a slight increase, at around 17 percent (%), since Praia is a city that still needs many investments, especially in the north that has a high deficit of urbanization,” said the Mayor, ensuring that the implementation rate for the previous year is 95 percent (%), which shows that the municipality has a great capacity to execut it, as he said.

AV / JMV / HVF

Inforpress

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