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The Consistory saving measures to achieve debt providers also reduce by 21 million euros, completely suppress short-term policies and endorsements and confirmings remove before paying companies.

Luis Amador: "before the suppliers did not trust this administration, for its late payment and other issues.

Today we are considered preferred customers and when we get a work to attend many auction companies. "

Councillor for Economy and Finance of the City of Lorca, Luis Amador, this morning the data derived from the final accounts of 2012.

The mayor explained figures is "very positive, confirming that the economic situation of the City has improved more prominent during the last years.

We managed to improve the municipal accounts, from a bankrupt City Hall to a reliable technique.

So much so that while companies before they did not trust this administration, for its late payment and other issues, today we are considered as preferred customers.

Consequently, now every time we get a work to attend the auction itself many companies.

The City's total debt has been reduced by 21.7 million euros, from 105.4 million in 2007 to 83.7 today.

Luis Amador explained that "we have made our City offers trust and credibility, so companies want to work with us.

We are meeting our objectives and the principle of budgetary stability marked by Organic Law 2/2012.

Meeting this challenge has not been easy, has required the work and effort of each and every one of the Councils of the Consistory, an awareness of all and a lot of work.

Recall that the economic inheritance we received was disastrous, and in addition, we are experiencing the worst economic and social crisis and labor history.

Well, despite everything, the City Council meets.

Successive saving measures and cost containment have failed. "

Councillor of Economy said that "we have not only achieved a significant reduction in municipal debt, but we managed to improve liquidity, fact that has allowed us to eliminate financial instruments to generate liquidity.

We're talking about endorsements and confirmings, resources we have banished from the City Council.

Today we pay with cash, bank transfers and short-term: 60 days.

Source: Ayuntamiento de Lorca