The 4th edition of the Post Graduate Course on Public Finances will start with, approximately, 65 students from the state institutions of the public finance management systems from Cape Verde, Guinea Bissau, Mozambique, Sao Tome e Principe e East Timor.

The Post Graduation Course is sponsored by Pro PALOP-TL ISC, under the cooperation agreement signed between the United Nations Development Program (UNDP) in Cape Verde and the  Iscte – University Institute of Lisbon. The regional program between PALOP and East Timor on economic governance is funded by the European Union and managed by UNDP.

The Course will take place from October 19, 2021 to June 21, 2022 and it aims to train the students on public finances area, improving the technical and functional competencies of Control/Audit Institutions, Parliaments and Ministries of Finance. And to improve the efficient management and the public finances political and judiciary external control, to promote the efficiency and effective use of public resources.

In March 1992 at Sao Tome e Principe City, the Head of State and Governments of PALOP expressed their political willing to establish a multiform cooperation between PALOP countries and the European Union. East Timor joined the group in 2007, changed the name of the group to PALOP-TL.

On December 10, 2018, in Luanda, the Institute for Training in Economic and Financial Management of the PALOP (IGEF), in partnership with ISCTE – Instituto Universitário de Lisboa, through its IPPS-IUL Public and Social Policies), underwent training on, “Negotiation of Contracts and International Loans”, aimed at senior managers in planning or finance functions involved in the negotiation of contracts and international loans of the PALOP and TL.

The training course it is focused mainly on Administrative Law, Economic Law and Financial Law, designed at strengthening participants’ capacity to negotiate and contract international loans. In particular, the coaching enabled the trainees to identify, analyze and apply the standards instituted as: i) the relationship between the financial decision and the decision to contract; (ii) relevant economic and financial aspects which enable a comprehensive understanding of negotiation and public procurement.

With a total of 30 hours of classroom training, the course lasted until December 14 and covered the following topics:

  1. The fundamentals of negotiation
  2. Negotiation methods and techniques
  3. The rationale of public debt
  4. Sources of external financing
  5. Analysis of obligations
  6. Conditionalities and cost of financing
  7. Analysis of the guarantees and eventuality of non-compliance
  8. Jurisdiction applicable
  9. Presentation of World Bank loan contracts
  10. Presentation of case studies

The training is, a part of the IGEF Support Project (PAIGEF), co-financed by the European Union and the Contracting Countries of the Institute.


PAIGEF aims to strengthen economic governance capacities and the effectiveness, transparency, quality and efficiency of the Public Finance Management (PFM) systems of the PALOP countries and Timor-Leste by improving human and institutional capacities in the field.

Between the 4th and 7th of December, the second Forum of Criminal Investigation Police of the PALOP and East Timor was held at the headquarters of the Judiciary Police in Lisbon. Researchers from the criminal investigation police of the PALOP-TL, with responsibility in the area of economic and financial crime, met for sessions of  knowledge sharing  and to acquire new tools and mechanisms in asset recovery and asset loss.

This initiative was promoted by Camões – Instituto de Cooperação e da Língua, IP, through the Project for the Consolidation of the Rule of Law in the PALOP and Timor-Leste (PACED), in partnership with the Office of Asset Recovery of the Judiciary Police, and the participation of 24 criminal investigation police officers from Angola, Cape Verde, Guinea-Bissau, Mozambique, São Tomé and Príncipe and Timor-Leste.

The forum focused on research and legal mechanisms for the recovery of goods and products seized in favour of the State or victims, in order to prevent organized crime, corruption and economic and financial crime from generating profits for those who practice these activities.

About PACED:

The PACED is  under the scope of the European Union’s partnership with the PALOP and Timor-Leste and aims to affirm and consolidate the rule of law in these countries, as well as to prevent and combat corruption, money laundering and organized crime, in particular, trafficking of narcotic drugs.

On October 16, a conference on “Organization and Management of Criminal Justice” was held in the Barlavento Chamber of Commerce, in Mindelo, Cape Verde, within the framework of the Project to Support the Consolidation of the Rule of Law in the PALOP and Timor-Leste (PACED), implemented by Instituto Camões, IP.

On October 16, at the inaugural conference, keynote speakers shared their experiences in organizing and managing the Criminal Justice sector with judges, prosecutors, criminal investigation police and Cape Verdean law enforcement officers. The sessions allowed for reflection on issues related to the mechanisms for strengthening the integrity of the various judicial actors, combining the essential parameters of the independence of the courts and their accountability, on transparency and performance evaluation methods, and on the approach to ethics and professional deontology.

Cape Verde’s Minister of Justice and Labor, Janine Lélis, who presided over the session, underlined the importance of the Conference, at a time when the country is implementing “major reforms in the criminal justice sector.” According to the Minister, “Cape Verde advocates the organization and management of criminal justice, which guarantees the protection of the rights and assets of citizens, acts within the constitutional and legal limits, is effective in discovering the facts, is fair in punishing the guilty, safeguard and protect victims and competent in the enforcement of criminal sanctions”.

The event was also attended by the President of the National Assembly, Jorge Santos, of the Deputy General Prosecutor and PACED, Luís Landim, the Head of Cooperation at the Delegation of the European Union in Praia, Jose Roman Leon Lora, and the President of the Chamber of São Vicente, Augusto Neves.

With an allocation of € 8.4 million, of which € 7 million is financed by the European Union and € 1.4 million by Camões IP, the PACED is a project managed directly by Camões, IP, whose intervention focuses on actions to strengthen the institutional capacity of the competent authorities at the legislative, executive and judicial levels, promoting the exchange and sharing of knowledge and good practices among them.

After the conference on the 16th of October, there was a restricted formation from 17th to 19th October in order to deepen the theme of the conference. These initiatives were organized by the Higher Councils of the Public Ministry and the Judicial Magistracy, which work directly with the project.

The European Union (EU) provides € 26 million to Portuguese-speaking African countries and East Timor (PALOP-TL) – Angola, Cape Verde, Guinea Bissau, Mozambique, Sao Tome and Principe and East Timor – to promote two programs in the field of job creation in the field of culture and reform of public finance management.

The European Commission signed:

A € 18 million program to support PALOP-TL in job creation in the cultural sector. The project focuses on the performing arts, including music, dance and theater. This program aims to boost the access of cultural products from PALOP-TL countries to national, regional and international markets, to strengthen the capacity of actors in the sector and to support the creation and dissemination of literary publications in the region, especially for children and young people.

A € 8 million program to support public finance management systems in the PALOP-TL will consolidate the initiatives of public financial control institutions as well as civil society to improve the accountability, efficiency and transparency of public finances in the six countries .

These programs are promoted under the 11th European Development Fund (EDF) and its ultimate objective is to contribute to more inclusive and sustainable growth in these countries. The EU has been cooperating with PALOP-TL for more than 25 years since 1992.

The protocol was signed by the Director General for International Cooperation and Development, Mr. Stefano Manservisi, and by the Minister of Foreign Affairs and Cooperation of Mozambique, Mr. José Pacheco, as Coordinator of the PALOP-TL / EU Cooperation Program, CPLP (Community of Portuguese Speaking Countries) Summit held in Sal Island, Cape Verde, under the motto “People, Ocean, Culture”.

According to the coordinator of the management unit, Diogo Franco, the balance is “frankly positive, with a formal component that is around 80% of financial and technical execution and a national component with a very satisfactory implementation”, with the consolidation of an electronic governance agenda for the group.

With a Technical Meeting and an Official Meeting – the opening of which was attended by the Coordinator of the Services of the National Authorizing Officer of Cape Verde, the President of the Camões I.P., the Head of the Delegation of the European Union in Cape Verde and the Minister of Foreign Affairs, – the meeting included the presentation of PRIME – PASP eGovernment Portal and approval of the Activity Reports of the Year 4, presentation of the activities developed and to be developed by May 2018, as well as approval of budget and communication and visibility plan’s execution, with a view to closing the project.

Under the Cooperation Program of the PALOP and East Timor with the European Union, an Extraordinary Meeting of the National Authorizing Officers of the PALOP and East Timor was held on the 8th and 9th of March 2018 in Brussels, Belgium, to assess the current stage of the program projects’ implementation and the formulation of the programs under the 11th EDF. It was also the opportunity to approve the new visual identity of the program and to publicize the new website, in the framework of the celebrations of this Cooperation Program’s 25 years of existence.