Nayarit Debt Increases to more Than 10 Billion Pesos

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Pension Debt Grows to Over 72.5 MDP

The state finance secretary, Gerardo Cardenas, said the increase is due to the detection of amounts unrelated lenders.

The state finance secretary, Gerardo Cardenas Siller, confirmed the increase of state debt to more than 10 billion pesos, which were detected after other debts of the previous administration.

On debt, accounted from September 19  2011, in six thousand 647 000 000 393 000 108 pesos, the state official said that increased to at least 10 billion pesos, was due to the detection of amounts unrelated lenders .

He explained that it is "that debt through registered agencies
government as debits to the Federal Ministry of Education and Health, among others, "he emphasized, are not registered, because there are debts to banks.

He madeclear that, in most cases are debts that "are on the outside, with suppliers and others."

Cardenas Siller said,  for debt and repayments the state pays 500 million dollars annually, and is expected, he said, that in this administration  avoid a new credit application.

[readon1 url="http://www.noticiaspv.com/archivo/225954"]Source:noticiaspv.com - Translation by Suyapa Ajuria[/readon1]