CAMAGÜEY.- To increase funding to Local development programs, the Finance and Pricing Directorate (DFP) in the province distributed until last September, 13,674,600 pesos, for territorial contribution.

This money is used in the repair of institutions of Education, Health, Commerce and Culture, which benefited 397,000 inhabitants of this demarcation in which the municipalities of Nuevitas, Florida, Guáimaro, Camagüey, Sibanicú and Jimaguayú stand out, according to it transcended the recent Provincial Assembly of People´s Power (APPP).

Currently, these economic resources, as an additional figure in local budgets, were used in the solution to 161 population approaches, and many of them directly affected the satisfaction of their needs.

Likewise, the usefulness of the territorial contribution towards a sustainable development that generates riches capable of supporting the other social processes that are projected in each territory is strengthened.

To achieve this purpose, the financing also contributes to the execution of nine Local development projects, of them six in the provincial capital, and three in Nuevitas, with a contribution until September of more than 31 000 CUC.

This figure can be increased as the portfolio of opportunities includes 29 such plans, which require greater autonomy from local governments to exploit their potential.
The APPP incorporated this issue among the priorities of its work system for the year 2019, with the purpose of intensifying the results of that objective.

According to the Committee on Economic Affairs of the aforementioned governing body in exchanges carried out with managers and specialists of the global organizations, there have been seminars of preparation on this subject, however it is necessary courses of updating and deepening to achieve greater use of the territorial contribution.

Luis García López, director of the DPF in Camagüey, this entity plans to raise this year 56 million pesos, for this concept for local development, economic, social and sustainable, a figure higher than the previous period.

At the end of December 2017 the province of Camagüey raised by Territorial contribution for Local development almost 52 million pesos.

Translated by Linet Acuña Quilez