Head of State creates Community Investment Fund to guarantee resources for community projects “without red tape!”
Presidential Press
Published at: 17/05/2025 05:30 PM
To ensure the direct injection of resources to community projects “without bureaucracy or managers”, the President of the Republic, Nicolás Maduro, signed the Decree to create the Community Investment Fund.
“We are going to create this special investment fund for the ACA (Concrete Agenda of Action) of all communal circuits,” he stressed while considering that this fund, together with the efficient work of the National Corporation Just All Is Possible, will make it possible to triple the number of works created from within communities.
“We are going to triple direct and complementary investment without intermediaries, without bureaucracy, without managers,” he said.
He announced that he already has the resources to start operating this fund.
Mazo News Team