During the year, the management of Lovech Municipality has paid off accumulated debts amounting to BGN 5.5 million, Deputy Mayor Tsvetelin Vinchev announced

In one year of management, the management of Lovech Municipality managed to pay off almost BGN 5.5 million collected from previous management and unpaid debts that were not provided with financing. This was announced by the deputy mayor of Lovech, Tsvetelin Vinchev.

Unpaid invoice worth BGN 7 million. Currently 1.5 million BGN. In less than a year, we had paid off and paid off all of the Municipality's suppliers and contractors. We will soon make one large payment and the amount will fall below 1 million, Vinchev also said.

Lovech Mayor Stracimir Petkov stated that funds to cover these costs, for which no funding was provided, were taken out of other activities. Instead of getting real results from the famous asphalt that everyone talks about and we all drool over because it is the most visible thing in government, money is spent on paying bills cell 2 regional depotPetkov commented.

Deputy Mayor Vinchev also said that the Municipality collected almost BGN 8.2 million in the first ten months of this year, which is slightly above 88 percent of the planned local revenue.

/AB/

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