Headed by Lamlas.. The Budget and Planning Committee in Aden the capital approves investment program for 2025 with 23 billion riyals
SMA NEWS – ADEN THE CAPITAL
Minister of State, Governor of the capital Aden, Ahmed Hamed Lamlas, chaired a meeting of the Budget and Planning Committee on Wednesday, to discuss and approve the investment program for the year 2025, which has a budget of 23 billion, 240 million and 950 thousand riyals, as part of the efforts made to enhance local development and achieve financial sustainability.
During the meeting attended by the Secretary-General of the Local Council, Badr Muawin, and the directors of executive offices and districts, Governor Lamlas stressed that achieving this budget came thanks to the combined efforts of everyone in activating the collection of local revenues, especially from fees for professional licenses and their renewals, in accordance with Article 123 of the Local Authority Law, stressing the need to adhere to the legal fees without any increase or decrease, until they are reviewed by the government in a manner consistent with the current exchange rate of the local currency.
During the meeting, the Directors of the Finance, Planning and International Cooperation Offices reviewed the indicators of the investment program for the year 2025, as the total investment expenditure projects amounted to 506 projects, including 414 projects under implementation, while the number of new projects with exceptional priority amounted to 92 projects, focusing on rehabilitating the infrastructure, improving the sewage network, enhancing environmental health, and developing the electricity network.
The meeting also discussed the foundations and rules governing the implementation of the investment program, which included developing and diversifying local resources and enhancing the efficiency of their collection, commitment to completing ongoing projects to ensure their effective implementation, enhancing non-tax revenues from fees for government services and goods, and determining investment priorities according to available financial resources without exceeding them.
