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Western Costa del Sol › Mijas

Mijas achieves its best payment period to suppliers since 2018: 27.46 days

Mijas reduces its average payment period to suppliers to 27.46 days, the best figure since 2018, thanks to new management measures.

José Manuel OrtegaJosé Manuel Ortega· · 2 min read
AIIllustrative image: office desk with financial documents, calculator, and pen next to a window with natural light.
Illustrative image: office desk with financial documents, calculator, and pen next to a window with natural light.

The Mijas Town Council has reduced its average payment period to suppliers to 27.46 days, three days below the legal limit and the best record since January 2018.

The Mijas Town Council has managed to reduce its average payment period to suppliers to 27.46 days, as announced this Thursday by the mayor, Ana Mata. This is the lowest figure since January 2018 and is three days below the maximum of 30 set by state regulations.

The mayor has attributed this improvement to the implementation of several measures promoted by the government team, including the Budget Management Body, created last October to streamline municipal economic administration. She also mentioned the introduction of electronic administration, the new Municipal Organic Regulation, and the Anti-Fraud Plan.

“Thanks to this, large companies are once again trusting us and the potential of our municipality, which is a priority for this government team. We are leaving behind the erratic economic management of previous terms and are carrying out an effective administration of resources,” the mayor explained.

With this period, the Town Council complies with the Law on the Fight Against Late Payment, the Public Sector Contracts Law, and Royal Decree 17/2014 on financial sustainability measures, thus adhering to the legal framework set by the central administration.

Advantages for municipal finances

Ana Mata highlighted that, being below 60 days, Mijas is no longer required to resort to the government’s supplier payment mechanism, something that has not occurred since 2022. Furthermore, by remaining three days below the legal limit, the Town Council will not have to prepare an Economic Financial Plan if the trend continues.

The mayor also pointed out that, if compliance with the regulations and other economic indicators continues, the Town Council will be able to allocate the Treasury surplus to financially sustainable investments, such as housing, improvements to public roads, parks, and primary social assistance.

For now, the reduction in the payment period represents relief for local suppliers, who will receive their invoices sooner, and strengthens the confidence of companies working with the municipality. The next milestone will be to consolidate this trend in the coming months.

José Manuel Ortega

Written by

José Manuel Ortega

Redactor

Economía por la UMA y enamorado del boom tecnológico de la Costa del Sol. Madruga por los mercados, presume de Excel y sueña con una startup propia; escribe de economía, empresas y vivienda en Málaga.

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