Government Aims to Overcome Challenges and Fulfill Commitments Despite Budget Amendment Rejection.

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Résumé:
The article discusses the rejection of Monaco’s first Budget Rectificatif 2024 by the Conseil National, and the government’s commitment to continue pursuing its goals despite the rejection.

Histoire complète :
Monaco’s government has acknowledged the rejection of the proposed 2024 Budget Amendment by the elected officials of the National Council. Despite the rejection, the government aims to continue its actions and fulfill its commitments. It emphasizes the need to adapt and provide concrete, effective, feasible, and financeable solutions in response to development needs and policy objectives. The government acknowledges the complex challenges related to land, urban planning, and law in Monaco, a small country with limited land availability. Despite these challenges, significant progress has been made in delivering apartments, with 608 units completed in the past six years. The government prioritizes the delivery of 25 new apartments at Villa La Luciole in 2027-28. The proposed Fontvieille Shopping Center project’s viability in terms of cost, timing, and impact on the neighborhood and activities is being carefully evaluated. The government ensures that all stakeholders, including residents and merchants, are included in the decision-making process. The government is committed to implementing the vision of Prince Souverain and looks forward to continuing productive exchanges with the National Council for the best interests of the country.

Source:
Gouvernement Monaco

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