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UPDATE

So let’s look at what we can agree on without must also include a careful look at cost control and operating costs for the Training Centre
risking our survival.” and public expenditure”, announced Brigitte to the club).
This is exactly what Isabelle Costa is doing Boccone-Pagès, who renewed the committee At the same time, the newly-elected officials
in charge of discussions with Brussels. “The to monitor the Constitutional Reserve Fund and hope to develop the State’s budgetary revenues.
whole aim of these negotiations is to overcome modernise public accounts. “We will tirelessly “To achieve this, we will soon be drafting a bill to
antagonism and to find innovative solutions in ask the Government that all revenue and create a State land company, so that the State
order to be able to preserve our specificities, in expenditure pass through the State budget and can finally value for itself each square metre
particular to preserve the national community therefore through the budget laws submitted available,” announced Brigitte Boccone-Pagès.
in our own country”, says the new High to our vote, not through the questionable use The Union therefore took on board one of the
Commissioner for European Affairs. On the of the Constitutional Reserve Fund. “. flagship proposals of the Horizon Monaco
other hand, “we must consider the difficulties The National Council will perhaps draw political movement during its 2013 electoral
that the Principality could face in ten or twenty inspiration from the recommendations of campaign relating to the management of estate
years if we do not have a partnership with the the High Commission of Accounts. In its property assets.
EU. Economically and legally, this could create 2022 report, the Principality’s Supreme Audit
complications in the exchange of digital data, Institution (SAI) recalls the importance of a Transport, full steam ahead
for example, whereas we need recognition reform of the civil service pension scheme, “Mobility will be at the heart of our action, like
as having adequate protection of personal specifying the amount of the reserves necessary the harmonious and efficient development of
data”, says Isabelle Costa. This is why the to cover the State’s commitments to 25 and urban planning in our country. As we already
government is carrying out a prospective study 50-year-olds: “The ‘retirement fund’ had a value indicated many times at the end of the previous
on the possible political, economic and legal of €421.9 million at the end of 2021”. On this mandate, it is high time to leave the time of
consequences if negotiations fail. The results thorny issue of pensions, it also asks the State studies to take action and to make structuring
will be known at the end of May. As proof of the that “the effective retirement age, currently decisions for our country. It is about our
current climate of trust, the National Council lower in many cases than the ‘normal’ age, attractiveness, especially on a professional
has asked for appropriation from the Executive should be closer to the normal age. This implies level, to continue to attract the employees
in order to conduct its own study... reviewing incentives for early departures”. But we need to sustain our economy”, insisted
this is not the only area to reform according the new President, who is waiting to know
Control of the program’s costs and public to the institution, which suggests measures to the arbitrations made in terms of transport.
expenditure reduce the cost of State Housing Assistance What will come of it? A metro between Nice
“The National Council will show responsibility or to renegotiate the State’s agreement with and Monaco? Public transport which runs
and pragmatism to support the structural ASM FC SA (with a view to creating VIP boxes, across the Principality from east to west? An
reforms necessary for a sustainable balance whose use is almost exclusively for the football elevator up to the Rock? Decisions are likely
of our public finances. This responsible attitude club, or even to transfer the responsibility to come in 2023.

© DR

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