This is reported by the newspaper El Español de Málaga in an economics article published today, which analyses the debt that the town halls of the province owe to financial institutions, based on the latest figures published by the Ministry of Finance, which show municipal debt at the end of 2021.
The overall figures for the province appear positive, owing to the containment and reduction of debt in most of its 103 town halls, which together owe a little over 539.2 million euros (€316.2 per inhabitant), compared with 539.5 million recorded the previous year.
To help everyone understand this increase in debt: if in 2020 each resident of Manilva had paid €52, the debt could have been settled, but with the new figures, the amount each resident would have to pay to clear the accounts rises to €1,064, figures that have nothing to do with those of nearby municipalities such as:
- Casares, with a debt of €77 per inhabitant,
- Estepona, with a debt of €482 per inhabitant,
- Marbella, €18 per inhabitant,
- San Roque, €311 per inhabitant,
- Castellar, €13 per inhabitant,
- Benalmádena, €84 per inhabitant,
- Málaga city, with €491 per inhabitant.
Or large cities and capitals of other provinces:
- Alicante, with a debt of €1 per inhabitant
- Valencia, with a debt of €304 per inhabitant
- Madrid, with a debt of €508 per inhabitant
- Barcelona, with a debt of €499 per inhabitant
- Zaragoza, with a debt of €986 per inhabitant
Manilva’s total debt has risen by 1,992.07% compared with the previous financial year. Thanks to the work being done by other town halls, the overall debt of the whole province of Málaga has fallen by 63%, or in other words, each resident of the province has, on average, stopped owing €560.
This concept of debt corresponds to bank loans, those from the Instituto de Crédito Oficial (ICO) and other operations of this kind, such as the FEAR loans (the zero-cost loans from the Diputación). However, these parameters do not reflect the economic reality of a municipality, as they do not include commercial debts (for invoices or payments pending to suppliers) or debts with the tax authorities and Social Security. Nor do they include payments pending as a result of court rulings against town halls.
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