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Cartagena create positive UPyD plan approval of payment to suppliers (22/05/2012)

To UPyD is an oxygen bottle to entrepreneurs.

We can see the number of invoices and their amounts, that the Consistory kept in their boxes waiting for a miracle, which has finally been fulfilled.

This corroborates what we have been stating for some time about the severe opacity that exists in the Local Government and its priorities.

It has some positive aspects, such as the release of a default situation very serious and widespread.

Give liquidity to companies and is the only stimulus to the economy's Party restrictive.

The negative aspects that we observe is that the government assumes the debt of the City in a full-scale rescue of public entities with taxpayer money, and bears no political responsibility for bad managers.

The figure who runs the Department of Finance on the interest we will this loan to ten years seems very tight, and we think it might actually mean to speak of between 6% and 7%, not 5% as indicated

In addition, this payment plan, we submit an adjustment imposed on current income covering the running costs plus amortization of debt.

It should be normal, but the question is, how will they?

Important than the number of millions to cut, as in what will be cut, so, from UPyD asked the PP government team that is serious about reducing its administrative and municipal companies, and limit the salary from the corporation.

All these measures will allow a final model that guides all other cuts, "Otherwise no one is guaranteed not to become a ruinous loan or not re-block the payment of invoices"

Source: UPyD Cartagena

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