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New Caledonia’s parliament has just requested nearly 500 billion francs in peace aid from the state to rebuild the archipelago, whose economic fabric has been shattered by recent unrest.
The New Caledonian parliament on Wednesday adopted by a majority a resolution calling for a massive state support of 500 billion Pacific francs (around 4.2 billion euros) to rebuild the archipelago following the riots that have devastated the economic fabric.
The plan, which remains subject to national consultation, is intended to be submitted quickly to a future national government for consideration during its review of the 2025 Finance Bill.
Its purpose is “First, ensure national rescue, then start reconstruction”The resolution, adopted at the initiative of the moderate non-independence group Orchestra de Caledonia, also provides for the creation of an inter-ministerial committee composed of representatives of New Caledonian institutions and the appointment of a representative directly reporting to the Prime Minister to ensure the implementation and monitoring of the plan.
“In the process of becoming homeless”
40 elected officials voted in favor of the plan – 1 against, 8 abstentions – and the aid requested by Paris represents almost half of New Caledonia’s GDP, which amounts to 1,092 billion XPF in 2022. “This reconstruction plan and the economic and social financial support are essential factors for the survival of our country,” Philippe Gomes, one of the leaders of the Caledonian Cabaret, declared during the meeting, which “is becoming homeless”. . “We are in a situation where, in addition to the responsibility of local actors, it is mainly the responsibility of the State,” he added.
Source: Yahoo News
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