Aquiles Álvarez says that Guayaquil can not obtain extra funds from the federal government in bonds – 2024-06-22 04:29:06

by times news cr

2024-06-22 04:29:06

Aquiles Álvarez, mayor of Guayaquil, reported that His administration would not know what to do in the event that they acquired one other switch from the federal government. beneath bonds, provided that they’ve already acquired USD 94 million on this modality.

«Yesterday, the Ministry of Finance proposed us 60 million extra {dollars} in bonds. We not know what we will do with the bonds,” the authority commented in an interview in Direct contact.

This drawback coincides with the grievance that Álvarez has offered to Juan Carlos Vega, Minister of Economic system and Finance, as a result of you haven’t signed a sovereign assure doc that will enable the Mayor’s Workplace to obtain a mortgage from the Growth Financial institution of Latin America and the Caribbean (CAF) to finance ingesting water works in Monte Sinaí, in Guayaquil.

«We’d like the sovereign assure to have the ability to improve the method, to convey ingesting water to the individuals who want it most, that are greater than 220,000 individuals, nearly 240,000 individuals in Mount Sinai. “It is USD 55 million,” he mentioned.

He famous that Vega is overwhelmed along with his work, and that he’s not prioritizing a metropolis that has emergencies, in a sector the place individuals nonetheless need to pay tankers to have water.

Relating to the cost that have to be made to contractors for the continuation of workssays that they’ve needed to negotiate to simply accept the bonuses as funds, although would have a 16% penalty. He reiterated that they should pay Guayaquil with the earnings they generate.

«Salaries will not be paid with bonuses. “We can’t proceed paying contractors and suppliers with bonuses,” he commented.

He indicated that from February to the top of Could, It has been raised from that State portfolio between February and the top of Could. to make disbursements of 60% in bonds and 40% in money, a problem that he describes as unacceptable.

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