Sao Tome and Principe: Food safety is a priority in biggest ever State Budget

31 October 2008

Sao Tome, Sao Tome and Principe, 31 Oct – Improving food safety in Sao Tome and Principe, through investment in agriculture and fishing, is at the tope of the priority list for the archipelago’s 2009 State Budget, which is the biggest ever, totalling US$150 million.

Sao Tome’s prime minister, Rafael Branco, Thursday put forward the State Budget for 2009 to the National Assembly, in order for it to be discussed and voted.

Branco made food safety a major concern of the budget for 2009, channelling a fifth of total public investment for 2009 into agriculture and fishing.

Infrastructures, namely water and power facilities, will absorb 16 percent of the budget and another 25 percent will be shared between education and health.

With overall expenditure of US$150 million, around US$100 million of the budget will be used for the public investment programme.

This year’s budget includes expenditure of US$86 million, of which US$52 million spent on public investment, as compared to US$19.2 million applied in 2007.

The State Budget for 2009 includes a slary increase for public workers, but no figures were issued for this. (macauhub)