DILI, 15 may 2024 (TATOLI) – The government of Timor-Leste, through the Council of Ministers, on wednesday, approved the amendment of the draft Decree-Law no. 96/2022, of 30 December to establish Millennium Challenge Account – Timor-Leste, I.P. (MCA-TL) under the supervision of the Minister of Finance.
“The Council of Ministers approved the Draft Decree-Law for the first amendment to Decree-Law no. 96/2022, of December 30th, which establishes the Millennium Challenge Account-Timor-Leste and approves the respective statutes, presented by the Minister of Finance, Santina Cardoso,” said in a statement.
The statement said: “The 9th Constitutional Government establishes that the Millennium Challenge Account-Timor-Leste, I.P.(MCA-TL) is under the supervision of the Minister of Finance, it is necessary to amend Decree-Law no. 96/2022, of December 30th, to transfer the supervision and oversight of the MCA-TL from the Prime Minister to the Member of the Government responsible for finance.”
On the other hand, it is also necessary to align certain provisions regarding the organization of the MCA-TL to ensure the effective and efficient implementation of its underlying objectives, namely, guaranteeing a smooth transition of competencies during and after the installation period and avoiding delays in decision-making regarding the MCA-TL.
Journalist: Camilio de Sousa
Editor: Filomeno Martins
