The mayor said in presenting responsibility for the year 2024, that the economic, financial and budget situation of the Funchal City Council is “more powerful”, and it is much better than it was when the current executive director of the municipality took over in 2021. “
Christina Pedra summarized the budgetal status of CMF, noting that at this time Funchal has a positive result of 2.7 million euros, as well as the largest municipal investment ever, as examples, respectively, respectively, respectively (8.5 million). Employment of employees, especially in operational areas and the smallest municipal financial load ever, and a larger debt (currently 52.7 million euros, when she was 16 years old by 2021) and municipal companies that were financially recovered, as is the case with the Marfunt Viche, which last year achieved 464 thousand positive results.
In order for these results to be possible, the CMF president stressed the importance of Funchal in being in front of its destinations “good quality, capable, customized, which does not play in the service that works by 500 %,” adding the important contribution to leaders and municipal officials in obtaining these results.
In 2021, when the current municipal executive director took office, CMF had a negative result of 40.8 million euros due to the arm bills that did not take over the previous defense, and in some cases hidden, the current executive states.
By 2024, the CMF investment was 58 %, much higher than 46 % verified in 2021, and between 2022 and 2024, the current executive official extinguished 15.8 million euros of loans, including even premature extinguishing, which led to the provision of 3.4 million euros, and concludes the executive authority of Cristina Pedra.
