Ver Angola

Economy

Vera Daves advances that Executive has already invested more than 500 million dollars in PIIM

The Executive has already invested more than 500 million dollars in the execution of projects of the Integrated Program for Intervention in Municipalities (PIIM). The information was provided by the Minister of Finance, Vera Daves, this Tuesday in the fourth edition of CaféCIPRA, which addressed the theme: "The construction of great infrastructure".

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"In the PIIM, we are already above 500 million dollars spent and we are making great strides to spend more, because we understand that we are now at cruising speed. And more and more municipal administrations send us, with another agility, the invoices associated with the work performed", he stressed.

The Minister of Finance guaranteed the existence of financial resources for the implementation of the Integrated Program for Intervention in Municipalities. "PIIM does not have external financing. PIIM resources result from the decapitalization of the Sovereign Fund. The money is already in the territory, it is already in the national financial system", she recalled.

In turn, the Minister of Territory Administration, Marcy Lopes, revealed that more than 350 PIIM projects have already been concluded, according to the report for the month of March this year.

"PIIM has the particularity of having started a new process in our country, of creation and idealization of projects from the base. All the projects integrated in the PIIM were identified and idealized by the municipalities", he highlighted.

Marcy Lopes added that this measure allowed the beginning of a process of improvement, indication and reference for public spending.

"All PIIM projects have the obligation to be eligible to be paid. It has to fulfill all the conditions precedent established by law so that it is sent to the Ministry of Finance, making it eligible", he maintained.

Launched in June 2019, the Integrated Plan for Intervention in Municipalities aims to materialize actions of the Public Investment Program (PIP), of Development Support Expenses (DAD), with priority for social actions, in order to inhibit rural exodus and promote more inclusive economic, social and regional growth in the country.

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