Portal de Murcia

www.portaldemurcia.com

• Home
• Business
• Hotels
• Restaurants
• News
• Advertisement

The municipalities of the Region have paid 80,091 invoices amounting to 359 million euros to small businesses and freelancers, representing 3.85% of the total amount paid by all local authorities in the country.

In the total distribution by regions, Murcia ranks eighth among all regions.

Moreover, the 42 municipalities that have opted for the scheme have entered into a total of 252 credit operations.

Miguel Angel Camara, President of the Federation of Municipalities of the Region of Murcia, has stressed that the provider payment "has placed in our hands the tools to solve a serious problem and meet with businesses and the self, which meant a boost for our economies. "

The measure promoted by the government also allowed to make a strong injection of liquidity into the productive economy, which will stimulate dynamic economic activity, especially SMEs and the self and solve the debt problem of local entities that prevented its normal operation.

The deal "has meant to lay the foundations for the revival of cities and, therefore, of Spain, driving the development of small businesses and freelancers," said House.

Time to collect

Of the 42 municipalities in the region that have benefited from the funding mechanism, 35 have done so after passing an economic-financial plan which will return the loan secured how over the years.

In this case, the municipalities have paid more than 67,000 invoices for an amount of 305 million euros.

The 7 remaining villages that have not yet submitted its adjustment plan, totaling more than 13,000 invoices amounting to 53 million euros.

Regarding the national level, have been a total of 3,774 local entities that have joined the plan provider payment shall discharge the debt that companies and self accrued until December 31, 2011.

Overall, invoices totaling 1.7 million and a debt of 9,312 million euros owed to suppliers 106,342.

The 99.43% of the suppliers of works and services to Spanish municipalities are SMEs (namely 64.72%) and autonomous (34.71%), and submitted to 80.7% of registered bills.

Of the 1.7 million receipts, most-just 1.6 million-have an amount less than 10,000 euros.

Source: Ayuntamiento de Murcia