Public Investment. The City’s public investment in the project is comprised of: Purchase of the Restroom Condominium- amount not to exceed $641,338.00 Execution of the long term lease of the President’s Club at base rental rate of $9,054.00 per month Project Property conveyances from the City to Xxxxxxxxx necessary for the development of the project.
Public Investment. Provision of technical assistance for the design and implementation of procedures for public investment project preparation, in line with international best practices, including, inter alia:
Public Investment. Design and implementation of a public investment program, which program consists of, inter alia, the strengthening of MH’s public investment office in order to improve its capacity to analyze and evaluate public investment project proposals, design multiyear public investment plans and monitor the execution of said projects. Part B: Business Processes Reengineering and Information Management
Public Investment. Public investment continued to be under-executed in 2019. Compared to the initial plans, general government investment was lower by 1.2% of GDP while the total impact on the general government balance was broadly neutral due to the lower drawing of EU funds. Public investment has been continuously under-executed in recent years with only 62% of the investment appropriations allocated to ministries being actually spent on general government investment in 2017-2019, compared to an average of 88% in 2014-2016. The recurrent undershooting of investment expenditure in recent years raises concerns in view of the country’s large investment needs, making the best use of EU funds and, ultimately, economic growth. As shown in Graph 3.1, the outturn for public investment in recent years was considerably lower that envisaged in the budget. The under-execution concerned investment by both the general government as a whole and the state budget in particular (net of grants to general government entities). In the past three years, the under-execution at the level of general government exceeded 1.2% of GDP or €2.3 billion. The biggest part of the undershooting stems from the investment projects managed by the central government/ministries (0.9% of GDP). Graph 3.1: General government investment execution 2014-2019 Source: European Commission The reasons for the continued undershooting of public investments are numerous and the authorities have taken some measures to address them, while there remains substantial scope for additional action. Making the best use of available resources in the public investment budget will be key also to preparing the ground for a speedy recovery after the Coronavirus outbreak. While the immediate priorities of the government are justifiably focused on initiating emergency measures to tackle to current crisis, addressing the issues which hinder the efficient management and execution of public investments will support the country’s large investment needs and economic growth. The on-going and foreseen actions to improve the management of public investments are the following: In October 2019, the authorities adopted a law (Law 4635/2019) to establish a National Development Programme for the programming and implementation of the national component of the Public Investment Budget. Based on the experience of the planning and implementation procedures of the EU funds and the existing institutional framework governing the national part of the investment...
Public Investment. “Public Investment” is the contribution(s) and commitments 180 made by the City to the Company for all services and Construction required to complete the 181 Project. The Pubic Investment includes, without limitation, the purchase of the Restroom 182 Condominium, the execution of the Presidents Club Lease, and Project Property Conveyances 183 from the City to the Company. 184
