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Town Halls in Granada province set to receive over 5 million Euros |
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Thursday, 20 November 2008 |
Central Councils will be responsible for determining the criteria by which the monies will be divided. This forms part of the strategy being employed by the Governing Commission and the Council of Granada within the Special Measures Plan adopted for Financial Support of the province. The idea is to boost the municipal funds and guarantee the loans taken out by the local authorities to equalize services throughout the province of Granada.
1,8 million Euros put aside
A bank will be created to give councils access to certain funds (with minimum interest rates payable) for local projects. The aim of the Central Government of Andalusia is to raise the investment in this bank to three million Euros, with councils assigned the responsibility of deciding how the funds are distributed inland and along the Costa Troical. The increased number of Granadan municipalities (now at 168 in total) added to their wide distribution, plus disparate levels of development, makes it a real challenge when it comes to deciding how resources are shared. Central Government Councillor, Clara Aguilera, was only to quick to pont this out. This latest agreement confirms the total 45 million Euros that have been committed to the municipalities throughout Andalusia. Time will tell just how wisely the monies are used during these critical times…
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