The compliance with the Regional Finance Act of the Autonomous Regions – assured by the approval of the State Budget – will enable “the maintenance of both public investment and public expenditure to support private investment in our region.”
The information was provided on Monday by the President of the Regional Government, who emphasised the significance of this act regarding the “respect of central power institutions towards the autonomous regions.”
Moreover, Carlos César also stressed that concerning some aspects, the recently approved State Budget “affects the economy of families and companies,” an effect that the Regional Government has sought to mitigate in the Azores with the available resources and the reorganisation of priorities.
“Fortunately – and I have stressed it – throughout the discussion of the State Budget, there were no changes that could hinder the initial negotiations to maintain the Regional Finance Act of the Autonomous regions,” stated the President of the Government.
Stressing the importance of developing the actions that have been already approved by the Regional Budget, Carlos César said that “now I am pleased with the regional investment plan which was approved not only by the party that supports the Government, but also the approval of the Popular Party and the abstention of the Communist Party.”
For Carlos César, “as the Government has absolute majority in parliament, it was still possible to negotiate and consider the proposal that have led to a wider acceptance of our investment proposals,” which is important.
“This is something that should be revealed, which demonstrates the good performance of the Regional Government either by its democratic conduct or by seeking consensus,” concluded the President of the Regional Government.