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HomeLatest NewsThe Junta de Andalucía will reduce rental expenses by readjusting a 2010...

The Junta de Andalucía will reduce rental expenses by readjusting a 2010 financing operation

The regional administration purchased eight buildings 14 years ago. During this period, 46.7 million were paid in taxes and bank interest.

The eight buildings will continue to serve as administrative headquarters but for a user fee which will save 1.5 million euros per year.

The Minister of Economy, Finance and European Funds, Carolina España ABC

In the 2024 budget, the Junta de Andalucía introduced as one of its main savings measures the cancellation of a financing operation carried out by the regional government in 2014. As part of a mechanism known as Sale & Leaseback, 70 buildings were sold to the fund…

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Maria Popova
Maria Popova
Maria Popova is the Author of Surprise Sports and author of Top Buzz Times. He checks all the world news content and crafts it to make it more digesting for the readers.
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