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"The Alguazas debt rises to 7.3 million euros after a disastrous legislature PP" (03/12/2014)

Alguazas's total debt with financial institutions is of 5,630,830.67 euros, corresponding to 94% of the municipal budget.

3.5 million euros correspond to the last two years, which uxa defined as "the most disastrous years of alguaceña economy."

This entire bank debt, we must add the debt to suppliers and other entities amounted to 1,592,320.90 euros, so that the total debt of Alguazas is 7,223,151.57 euros, "generated by poor management , corruption, opacity and neglect by political parties that have ruled in recent years in our people. "

The debt per capita is € 613.43.

Since that governs the PP (2007), the debt has increased by 65%.

Uxa spokesman, José Gabriel García complained that "the PP has generated an unaffordable debt without having generated investments in the future, but has only served to generate interest and pay mismanagement".

During its plenary in last October, the council was forced to approve a debt refinancing to overcome the debt level 81%, well above the 50-70% limit is advised as risk indicator.

Among other proposals Battery Unit X Alguazas, highlights an audit of public accounts to know the real debt and uncover the opacity with which they have ruled for decades.

Independent fiscal policies have asked levied unless businesses and families, and a participatory and transparent local economic policy.

Source: UxA

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