The Government of Madeira (PSD/CDS-PP) will create a fund to help families with housing loans due to rising interest rates, the chief executive said today, noting that the measure will come into effect this month.
“Depending on the income of the families, we will support the effort rate”said Miguel Albuquerque, on the sidelines of a visit to a sawmill company in Câmara de Lobos, on the west side of the island.
According to the president of the Regional Government, the executive is “doing the calculation and a survey with the bank to find out how many families have credit [à habitação] and what is the rate of effort”, to “then budget [o fundo de apoio]”.
Miguel Albuquerque, however, did not provide further details.
The president of the Diputación considered it “decisive and very important” to help families face the current crisisbut he spoke out against the indiscriminate distribution of money to the population.
“I am not in favor of giving money to everyone,” he declared, adding that “aid should be according to each person’s income” and that “the most vulnerable families should have more support, those with more income should have less ”.
“This is how social justice is done, it is not giving people money indiscriminately,” he reinforced.
Miguel Albuquerque thus reacted to the proposals presented by PS/Madeira in the regional Parliament, in the sense that the executive return to the residents of the archipelago some 87 million euros of extraordinary income that should be collected through VAT, taking into account the inflation and the fact of not applying the maximum reduction of 30% provided for in the Autonomous Treasury Law.
The PS, the largest opposition party in Madeira, defends, for example, the allocation of 300 euros to each Madeiran with a salary of less than 2,700 euros and 500 euros for each descendant, as well as 300 euros for each institutionalized.
“We already have an aid package for families that is much larger than what the national government has presented,” said Miguel Albuquerque, noting that “all the money” that the regional executive uses in support “takes into account the income of the families “.
Source: Observadora
