The Minister of Economy and Finance, Héctor Alexander, stated that the budget cuts will not affect the development of large state projects, especially since the priority for 2024 is to help start the transport industry. construction.
Alexander reminded that the movement of this sector affects the increase in demand for labor force. it operates and affects the other industries they supply.
“These projects, during the construction period, will help create a lot of jobs. In the short term, it’s also important for us to have a strategy that helps move construction forward,” Alexander said.
These projects include the construction of the third line Meter and water treatment plants, including the Mendoza expansion.
The head of UPCG also referred to the fourth bridge, which, he said, he hopes will soon have good news.
“Another project we are close to and because of the way we manage it is not visible in the 2024 budget, but it will be reflected in future projects, that is the fourth bridge. We are working on the fourth bridge and we hope to have good news soon. It’s quite an interesting project,” he added.
For Alexander, the construction of the fourth is equally important. electrical transmission line.
“When you manage infrastructure, you want it to be ready when you need it. The fourth line is an important project that will not affect other public investments while it is being developed,” he added.
In addition to these works, Aleksandar emphasized, others are being built in the education and health sectors.
On the other hand, the minister pointed out that the state budget without debt servicing would be a third of the total public sector, or $10,224.
total public sector.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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