November 11, 2024

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CIIP, improving markets receives $5B from Budget 2022

Nigel Dharamlall

$5B has been set aside to facilitate the launch of a more advanced Community Infrastructure
Improvement Project (CIIP), which government said is aimed at improving community
aesthetics, and sanitary and environmental conditions.
The sum of $714M has also been budgeted to finance grants to Local Democratic Organs (LDOs),
thus improving their services to local communities. The announcement was made Wednesday,
by Finance Minister, Dr. Ashni Singh, as he presented the massive $552.9B National Budget.
Dr. Singh told the National Assembly, that while the LDOs have a legacy of “weak institutional
and technical capacity and poor accountability”, the government is committed to changing that.
“We aim to further strengthen the institutional and human resource capacity of the LDOs, to
ensure accountability and better management of resources, improve sanitary and environmental
conditions, and help promote infrastructural development at the local level,” Minister Singh
stressed.
Additionally, the finance minister pointed out that $666.8M will go towards the City Hall
restoration project to commence restoration works set to be completed in March 2023.
Meanwhile, in 2021, the Local Government Ministry, European Union (EU) and the Mayor and
City Council signed a $780M contract to commence the works.