Request for emergency funds will be rushed through AL as government seeks to keep Macao’s finances and residents’ livelihoods on course.
budget
Macau’s Legislative Assembly has passed the government’s 2020 budget amendment bill, the first budget falling back on its financial reserves.
The Legislative Assembly (AL) Wednesday passed the government’s 2018 budget bill, according to which the government expects a total expenditure of 109.61 billion patacas (US$13.7 billion)next year, a year-on-year increase of 14.5 percent, or 13.89 billion patacas.
The construction budget for the new Pac On Terminal in Taipa is to be controlled at below MOP3.8 billion, the head of the Infrastructure Development Office, Chau Vai Man told the Assembly. This updated price tag quoted by the Office has ballooned compared to the total construction of MOP 3.28 billion estimated in 2014. Chau […]
This year’s Lusofonia Festival will take place from October 23 to 25 and will have a smaller budget, but the Civic and Municipal Affairs Bureau (IACM) expects that the party will be as lively as in previous years. Held at the Taipa Houses-Museum and Carmo Area in Taipa, the festival, will feature folk arts and […]