More than 50 projects were completed in the first quarter as part of the Public Investment Program (PIP), which recorded an estimated expenditure of 1.7 trillion kwanzas, according to Laércio Cândido, National Director of Public Investment
The statements were made during the launch of the Integrated Management System for the Public Investment Program (SIGPIP), held yesterday in Luanda. According to Laércio Cândido, the PIP has made significant progress in implementing strategic projects for national development.
Currently, the program has approximately 3,500 active projects, of which 977 are linked to poverty alleviation, more than 1,000 fall under the Integrated Municipal Intervention Plan (PIIM), and 236 are considered structural for the national economy.
The official emphasized that the new system, SIGPIP, represents a decisive step in strengthening the PIP’s technical management capacity, enabling greater efficiency in administrative processes, improved budget execution, and maximization of the results of every kwanza invested by the State. For Planning Minister Victor Hugo Guilherme, SIG-PIP goes beyond a simple technological platform, constituting a structural transformation in the way the State plans, monitors, and manages public investments.
Source: O País
