The new rules of implementation were presented by Vera Daves, Minister of Finance, who explained that in the previous budget the own revenues "were used only to meet operating expenses" and that now "will also be used to finance development support expenses.
A second novelty presented by the Minister of Finance is the possibility of moving revenue between organs of the same sector, through an authorization from the Ministry of Finance.
Vera Daves, cited in a government Facebook publication, spoke about the "strengthening of the responsibility required of managers of local government agencies in terms of reporting the use of resources they receive.
She also took the opportunity to mention the decentralization of some actions, which used to be concentrated in the National Treasury Department, and which can now be dealt with in the Provincial Delegations of Finance.
In addition to the new GSB execution rules for this year, the meeting also approved "a memorandum identifying the lines of operation of the Strategic Food Reserve.
This memorandum aims to help diversify the economy and contribute to increasing national production, with greater private sector participation.
According to Amadeu Nunes, Secretary of State for Trade, "with the effective operationalization of this state initiative it will be possible to purchase products from the national reserve, ensure supply of goods from the basic food basket and stabilize prices in the domestic market, with the inclusion of more products to the basic food basket.
The commission also gave the green light to a memorandum on the model of incentives to be adopted for investments in the renewable energy sector. This document "establishes the assumptions for achieving the goals defined in the National Strategy for Renewable Energies and proposes a framework for investment incentives.
The Execution Report of the 2020 State Budget for the third quarter was also approved. The report will be considered this Wednesday in the Council of Ministers and will later be submitted to the National Assembly for approval.
