Portal de Murcia
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Just 24 hours after the final approval of the Budgets, the City has obtained the necessary funding for almost all of the investments planned this year.
This morning the 6 proposals presented by different credit institutions have been opened and finally the operation will be concluded with the BBVA, which has been the best conditions for a loan of 24 million euros, in particular, Euribor + 0, 38
Despite the fact that the City Council had requested a loan of 24 million, the financial entities presented offers worth 63 million, "which demonstrates the confidence that banks have regarding the situation of the municipal treasury."
The Councilor for Finance, Contracting and Urban Mobility, Eduardo Martínez-Oliva, has indicated that the funds obtained will allow bidding for important projects planned in the budgets of this exercise.
However, it does not include an investment package worth 7.5 million euros that will be directly managed by the municipal boards and that are already available.
Source: Ayuntamiento de Murcia
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