Summary:
The Monaco National Council rejects the 2024 budget amendment, causing debate over the issue of affordable housing for Monegasque nationals and the renovation of the Fontvieille shopping center.
Full Story:
Monaco’s National Council has rejected the proposed 2024 budget amendment. The government of Monaco acknowledges this decision and reassures that it will not hinder the state’s continued action and commitment. The disagreement between the National Council and the government mainly revolves around housing for Monegasque nationals, with the Prince granting lower-rent apartments due to high property prices in Monaco. The government, in an official statement, highlights the need to constantly adapt its thinking to provide feasible and effective solutions for development and public policy. Regarding the renovation of the Fontvieille shopping center, the National Council urges the government to start the project soon. However, the government must consider crucial parameters such as costs, timelines, and the impact on the neighborhood’s activity and life. The government is committed to implementing the Prince’s vision and maintaining fruitful discussions with the National Council in the interest of the country.
Source:
montecarloin
