Portal de Caravaca de la Cruz
www.portaldecaravaca.com
The City Council of Caravaca de la Cruz uses the flexibility and financial support measures recently established by the Government Delegate Commission to improve the conditions of loans to local entities.
The councilor responsible for the Treasury area, José Carlos Gómez, has informed that this measure has been approved in the framework of an extraordinary plenary session, with the support of all political groups, and “will mean a considerable reduction in the financial burden for a total amount of 4.5 million euros, thanks to the two-year cadence period reflected in the Local Fund Funding Agreement. â€
Specifically, the approved measure includes the grouping of formalized loans from the Local Entity Financing Fund, which amount to 17,663,000 euros.
"In this way, the financial conditions in the amortization and lack periods are lowered," according to the head of the Treasury in the Caravaqueño Consistory, who added, "that this considerably improves the state of the municipal coffers, reducing treasury tensions and the payment period to suppliers â€.
Councilor José Carlos Gómez stressed that “it is one of the measures that are being taken by the Department of Finance to achieve a more healthy and economically sustainable town hall, combining savings with real and effective measures, as this one we now put in place and that It is proposed from the Ministry of Finance within the Fund for Financing Local Entities â€.
Source: Ayuntamiento de Caravaca de la Cruz
Privacy policy
- Legal notice
- Cookies