Law no. 5140 of 2024. New Public Investment Development Programme and supplementary provisions.

This Law, consisting of 73 articles, provides for an effective financing and the adoption of an independent and coherent legislative framework for the Public Investment Development Programme; the acceleration of the absorption of co-financed and national resources, and the operations of the other development programmes and the managing bodies; the establishment of mechanisms and the introduction of procedures for long-term planning and monitoring. Matters covered by this Law include: definition, structure and duration of public investment programme, including sustainable management and utilisation of the environment; concept of public investment and core sectors supported by public investments, including: environment, infrastructure and transport, public-private partnership, human capital development, energy and utilisation of energy resources and geothermal potential, reducing inequalities and strengthening social cohesion, State aid following natural disasters. Further matters include: medium-term public investment planning; funding of Public Investment Development Programme projects; general principles for payment of Public Investment Development Programme expenses; separate central account for projects dealing with the effects of natural disasters; supervision and control of the management of projects financed by Public Investment Development Programme.