October 24, 2020

The Government approves the distribution of 341.65 million to local entities through financing funds


Specifically, the total amount of financial needs that is expected to be met this year amounts to 341.65 million euros: 274.61 million correspond to the Management Fund and 67.04 million euros to the Economic Impulse Fund.

Through RDL 17/2014, of December 26, a Financing Fund for Local Entities was established, within which, the so-called Ordination Fund provides liquidity to local entities that have some type of financial risk, while the Economic Impulse Fund facilitates liquidity to healthy local entities.

.



Source link