Victoria Perez Izquierdo, a specialist at the Cuban National Institute of
Economic Research, said that those projects are the engine of development
in Cuban localities, since their conception is to exploit efficiently
local resources, improve services and raise the living standard of the
population.

Perez Izquierdo addressed one of the committees of the VIII International
Accounting, Finance and Audit, underway since this Monday in the Havana’s
Conventions Center and said that one of the main IMDL’s goals is to boost
active participation of local governments in their development.

The Cuban government has promoted since 2009 this kind of projects due to
their capacity to be self-efficient, finance themselves, produce goods to
replace imports and to improve people’s lives in a sustainable way, said
Perez Izquierdo.

She explained that the projects should address mainly agricultural and
industrial activities in order to exploit local potentials, to meet
demands and priorities at local and national levels.

As part of the event, municipal leaders will present papers on the main
lessons and issues identified in the territories of Rio Cauto (Granma),
Development (Sancti Spiritus), Caibarién (Villa Clara) and Santiago de
Cuba (capital city).

According to the latest release by the organizers, the event involved more
than 800 specialists in economics, from 31 countries who attend the
parallel sessions of the II International Meeting on Public Administration
for Development.