by Mídia PR Posted on

Nicolau Lobato Presidential Palace, Dili, 17 November, 2020

President Francisco Guterres Lú Olo and Prime Minister Taur Matan Ruak have scheduled the inauguration of the new Minister of Finance, Rui Gomes, for 23 November.

In a statement to the press, Taur Matan Ruak confirmed that economist Rui Gomes has been appointed to the position of Minister of Finance and will be sworn-in next Monday.

Rui Gomes will take over from Fernando Hanjan, who had been absent on account of health.

At his meeting with the President of the Republic, the Prime Minister discussed issues related to the basic product baskets which are going to be distributed to families and economic operators, and which also are intended to increase national production, as provided for under the Economic Recovery Plan. The basic product basket pilot project was launched in October to assess the mobilisation capacity of local products. The project will be extended to all municipalities starting this month.

According to the Head of Government, the project involves the offices of the Minister of Agriculture and Fisheries; of the Secretary of State for the Environment; of the Coordinating Minister of Economic Affairs; of the Minister of Tourism, Trade, and Industry; and of the Secretary of State for Cooperatives; and the private sector.

The basic product baskets consist of food staples and hygiene products, or vouchers corresponding to those products and in the same value. This measure is going to bring together farmers, commercial operators, and the members of every household listed in the ‘Uma-Kain Registry’ on the 11 May 2020.

The basic product basket, worth $25 per person per month, is going to be distributed in November and December of this year.

Still during the meeting with the Head of State, the Prime Minister informed him that the general debate on the draft general state budget law for 2021 is being held between the 1st and the 3rd of December, with its detailed consideration debate scheduled for the 4th.