Murcia debt under fire

FUENSANTA MAXIMO, the regional head of the UPyD political party in Murcia, has criticised the PP regional government for raising the regional debt “to a rate well above the average of other regions.”

Maximo referred to data from Banco España and the Instituto de Credito y Finanzas (Institute of Credit and Finance). He explained that while national annual growth of public debt between 2008 and 2013 hovered at about 30 per cent, it was almost double in Murcia, surpassing 50 per cent. He said: “The bad management and policies of the PP in Murcia have swollen the public debt at a rate that makes it unsustainable in no time.”

Maximo pointed out that the debt to annual budget ratio now exceeds 150 per cent. He concluded: “The PP decisions, like borrowing against a closed airport, an unnecessary desalination plant and autonomous television operating as a propaganda tool of the regional government, have condemned the present and future of the region.”