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NNA - Tactical exercise for Lebanese Naval force, French frigate Languedoc on interception of suspicious ship
NNA- Units of the Lebanese Army naval forces, in conjunction with the French frigate Languedoc, carried out a tactical exercise...
SANA - مجلس الشعب يدين بشدة الممارسات الهمجية الصهيونية بحق الفلسطينيين
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NNA - Ministère de la Santé Publique: 580 nouveaux cas au coronavirus
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SANA - Le président al-Assad fait la prière de l’Aïd al-Fitr dans la mosquée des Omeyyades à Damas
Damas-SANA/Le président Bachar al-Assad a fait ce matin la prière de l’Aïd al-Fitr dans la mosquée des Omeyyades à Damas....
NNA - وزارة الصحة: 580 إصابة جديدة و20 حالة وفاة
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وجاء في التقرير (مراجعة الصورة البيانية)...
SANA - President al-Assad performs Eid al-Fitr prayers at Grand Umayyad Mosque in Damascus
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NNA - Health Ministry: 580 new Corona infections, 20 deaths
NNA-The Ministry of Public Health announced, on Thursday,the registration of 580new Corona infections,thus raising the cumulative number of confirmed cases...
SANA - الرئيس الأسد يؤدي صلاة عيد الفطر السعيد في رحاب الجامع الأموي الكبير بدمشق
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Lusa - Business News - EU/Presidency: Leader meet to reach consensus on sustainable tourism
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Lusa - Business News - Mozambique: US donates X.-ray machines to detect TB
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Lusa - Business News - Portugal: PSI20 closes in the green, EDP Renováveis climbs 2.81%
Lisbon, May 13, 2021 (Lusa) - The Lisbon stock exchange closed Thursday's session in the green, with the PSI20 index...
Lusa - Business News - Angola: President, first lady vaccinated against Covid-19
Luanda, May.13,2021(Lusa)-The president of Angola was today citizen number 591,886 to be vaccinated in the country and urged international solidarity...
Lusa - Business News - Portugal: Remote working mandatory until month's end
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Lusa - Business News - Cabo Verde: Risk of no domestic flights as of Monday
Praia, May.13,2021(Lusa)-Inter-island flights in Cabo Verde risk being suspended within four days, with TICV, the only company providing these links,...
Lusa - Business News - Portugal: Trade balance with PALOP countries more than doubles in Q1
Lisbon,May.13,2021(Lusa)-The trade balance between Portugal and the Portuguese-language African Countries (PALOP) rose 141% in the first quarter of this year...
Lusa - Business News - Mozambique Mining giant Vale agrees to study brick-makers' demands
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Lusa - Business News - Portugal: Covid-19 measures for Portuguese Cup to learn from Sporting celebration mistakes
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Lusa - Business News - Portugal: New Porto bridge tender delayed
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CNA - Cyprus road freight transport in 2020 marks a double-digit drop due to Covid
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Lusa - Business News - Portugal: Boticas lithium mine environmental impact study 'not understandable' - mayor
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Lusa - Business News - Angola: Q1 2021 crude exports of 97.8M barrels worth $6.03B
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Lusa - Business News - Portugal: VW unit management, works council reach provisional pay deal to 2023
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Lusa - Business News - Portugal: Central bank handed over €428M in dividends to state in 2020
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Lusa - Business News - Portugal: 'Big test' for economy in 2024 after post-pandemic boost - president
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Lusa - Business News - Cabo Verde: Benefits paid to February up 14%; only public spending to have grown
Praia, May.13,2021(Lusa) - The Cabo Verde state spent 13.6% more on benefits in the first two months of this year...
Lusa - Business News - Portugal: Digital transformation is way to make 'leap' to higher development - minister
Lisbon,May.13,2021(Lusa)-The Minister of Economy said on Thursday that digital transformation is "a possibility to make the leap to higher levels...
Lusa - Business News - Portugal: Digital transformation offers 'chance to boost development' - minister
Lisbon, May 13, 2021 (Lusa) - Portugal's minister of economy, Pedro Siza Vieira, said on Thursday that the digital transformation...
Lusa - Business News - Mozambique: World Bank approves $100M from IDA for project to support companies
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Lusa - Business News - Portugal: EDP Renováveis reports Q1 profit of €38M, down 39% on year ago
Lisbon, May.13,2020 (Lusa) - EDP Renováveis (EDPR), the Madrid-based renewable energy arm of Energias de Portugal (EDP), Portugal's largest company,...
Lusa - Business News - Portugal: Country now living on 'environmental credit' as 2021 resources used up - Zero
Lisbon, May 13, 2021 (Lusa) - Portugal starts on Thursday to live on "environmental credit", that is, citizens have consumed...
Lusa - Business News - Portugal: Q1 YoY profits at EDP Renováveis tumble almost 40% to €38M
Lisbon,May.13,2020(Lusa)–EDP Renováveis recorded a profit of €38 million in the first quarter of 2021, a fall of 39% compared to...
Lusa - Business News - Macau: Gaming operator Galaxy sees Q1 revenues of €91.5M
Macau, China, May 13, 2021 (Lusa) - Gaming operator Galaxy, with six casinos in Macau, on Thursday announced positive first-quarter...
Lusa - Business News - Angola/Mozambique: Leaders in Paris next week for debt funding talks
Paris, May.13,2021(Lusa)-The leaders of Angola and Mozambique will next Tuesday be in Paris for a meeting on the future of...
Lusa - Business News - Portugal: Stock market opens with PSI20 index down 1.5% at 5,025
Lisbon, May 13, 2021 (Lusa) – The Lisbon Stock Exchange opened on Thursday in negative territory, with the main index,...
Lusa - Business News - Portugal: New Porto-Gaia road bridge ready in 2025 at cost of €36.9M
Vila Nova de Gaia, Porto, May.13,2021(Lusa)–The new road bridge over the Douro River will cost 36.9 million euros, including accesses,...
Lusa - Business News - Portugal: Top newspaper headlines on Thursday
Lisbon, May.13,2021(Lusa)–Fallout from Sporting fans’ league title celebrations and May 13 in Fatima are the most frequent headlines this Thursday....
Lusa - Business News - East Timor: President signs off state budget rectification changes of $317.7M




Díli, 03 mai 2021 (Lusa) – The President of East Timor on Monday promulgated the general state budget rectification (OGE) which represents changes of $317.7 million (263.7 million euros) to this year's accounts, mostly for the response to Covid-19.
The text of promulgation was sent today to parliament by the head of state, Francisco Guterres Lú-Olo. So far the Presidency has not publicly announced the decision of the head of state.
Without touching the total amount of the General State Budget (OGE), the alterations cover a package of social and economic support measures and a reinforcement of the fight against Covid-19.
Employment support, credit moratorium, support for students, food security, support for frontline professionals and prevention and mitigation of Covid-19 are the essential measures of the package of amendments.
Taking advantage of the fact that the amendment is being debated in parliament after the floods that hit the country earlier this month - causing at least 36 deaths and a dozen missing - a reinforcement of the Contingency Reserve Fund to respond to the effects of the disaster was also included.
The changes "do not imply an increase in the amount of transfer from the Petroleum Fund to the OGE," according to the executive.
Thus, "the increase in revenue to fund the expected increase in expenditure stems from the inclusion of balances of management determined at the end of the fiscal year 2020, but not entered in the State Budget for 2021, as well as the reallocation of budget appropriations from the appropriations for the entire Government and the Infrastructure Fund."
Specifically, and among the measures, the Government has allocated 34.5 million dollars (28.6 million euros) for the purchase of vaccines, personal protective equipment, material for testing and treatment of inpatients, as well as for the construction and leasing of new isolation and quarantine sites and increasing the capacity of existing sites.
The employment support measure will cost $45.3 million (€37.6 million) and the credit moratorium will cost $2 million (€1.7 million), $3 million less than originally planned.
The funding of the Integrated Crisis Management Centre (CIGC) and the operations of prevention and mitigation of Covid-19 will cost US$16.7 million (13.9 million euros), with US$12 million (about 10 million euros) intended to "finance the purchase of food products from domestic producers" or their import, if there are not enough domestic products, by the National Logistics Centre, and their distribution to the most needy.
In the case of support for students, the measures allocate US$14 million (11.62 million euros) to fund the exemption of tuition fees by higher education students and a further US$2.2 million (1.8 million euros) to fund internet uploads.
Funding salary supplements for frontline workers will cost $51.9 million (€43.1 million) and some $31 million (€25.7 million) is earmarked for the remaining payments from the basic basket programme, supporting families.
The Covid-19 fund, which will channel almost all of the above payments, will also have an additional contingency allocation of $8 million ('6.64 million) to "provide for the payment of measures should their cost exceed the amount foreseen".
Regarding the floods, the planned amendments allocate $57.2 million (47.48 million euros) "to the Rehabilitation and Maintenance programme of the Infrastructure Fund, to finance the reconstruction of flood-damaged infrastructure".
A further 42.9 million dollars (35.6 million euros) is channelled to the contingency "for other expenses related to support as a result of the floods, in addition to the reconstruction of infrastructure funded by the Infrastructure Fund".

ASP/AYLS // AYLS
Lusa


Agency : LUSA

Date : 2021-05-04 10:10:11







 

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