Decree No. 40/2023 regulating the criteria for allocating and managing the percentage of revenues earmarked for the development of provinces, districts and local communities where mining and oil exploration projects are implemented.

This Decree regulates the criteria for allocating and managing the percentage of revenues earmarked for the development of provinces, districts and local communities where mining and oil exploration projects are implemented. The Decree applies to: a) Sectors responsible for programming, monitoring and evaluating the implementation of projects covered by this regulation; b) Provincial Decentralized Governance Bodies, District Governments and the Local Consultative Council of the Provinces, Districts and Local Communities where mining and oil exploration projects are implemented. Projects of local communities in the following areas are eligible for funding: a) technical-professional education; b) health; c) agriculture, including production support infrastructure, dams and irrigation; d) industry, trade and fisheries; e) infrastructures of social and economic interest, namely land use, roads, bridges and electrification, water and sanitation; and f) other projects that boost the productive sector.