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The extraordinary plenary of Campos del Río modifies the Adjustment Plan to obtain more liquidity and to pay outstanding payments (22/09/2017)

The extraordinary plenary session held yesterday in the City Council of Campos del Rio unanimously approved with the votes of the Municipal Socialist Group and with the absence of all components of the Municipal People's Group, the only item on the agenda that requested the mayor's proposal modification of the current Adjustment Plan so as to be able to replace withholdings in the State Tax Participation.

With the adoption of this measure, the consistory campero obtains greater liquidity and financial room to maneuver to meet the obligations currently pending payment, which will pay suppliers and be able to have greater economic liquidity to continue developing in the municipality policies that benefit all camperos and camperos since it will be possible to continue investing in all areas of action, affirmed the first mayor María José Pérez Cerón.

"This measure is possible to be adopted thanks to the strict compliance with the Adjustment Plan implemented by this Government Team and approved by the Ministry of Finance, so that the initial conditions can now be modified to obtain a longer repayment term, cancel loans, open new financings and finally continue with the initial objective that we mark and that is no other than the rebalancing of municipal accounts through the axis of financial sustainability to have realistic accounts and adjusted to the reality of our municipality without this having to do without any public service for the citizen, "said the mayor.

Source: Ayuntamiento de Campos del Río

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