JPP Questions the Allocation of Banana Sector Dividends in Madeira

The Juntos Pelo Povo (JPP) party has publicly questioned the financial transparency of the regional government concerning the distribution of dividends in Madeira's banana sector. According to JPP, the Secretary of Agriculture and Fisheries recently announced that GESBA, the public company managing the banana sector, would distribute 1.05 million euros in dividends to banana producers.

JPP's deputy, Rafael Nunes, criticized the announcement as a "number of illusionism," suggesting it misleads both banana producers and the public. The dividends are set at 4.8 cents per kilo, but Nunes points out that the sale price of bananas had previously increased by 15 cents per kilo. This discrepancy raises questions about why only a fraction of the increased revenue is reaching the producers.

The party also highlighted the irony in the regional government's actions, noting that a similar support measure for farmers affected by storms was initially rejected by the PSD-M in the Regional Parliament, only to be later presented as a new governmental initiative.

JPP argues that the government's decision to utilize 250,000 euros from GESBA's revenue, which comes from banana sales, to fund this initiative, does not constitute genuine financial support. Instead, it relies on the producers' own earnings.

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