The good rating of Atlántico for financial management - Barranquilla - Colombia

“Being in AAA reduces the cost of debt, pay less interest, and there is more money left for investments,” he explains. the governor of the Atlantic, Elsa Noguerawhen celebrating that for the second consecutive year the firm Fitch Ratings awarded the AAA rating to the department of Atlántico, the highest rating in its history.

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Noguera assures that this good news will allow the administration to have better banking conditions and will facilitate the resources allocated to social investment.

“We can get into longer-term debt and increase the interest of the financial sector in lending us,” the governor added.

AAA ratingis the maximum granted by Fitch Ratings and is assigned to entities with the lowest risk expectation in relation to all others in the same country.

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Among the key factors to achieve this rating for the second consecutive year is the reduction in dependence on operating income, and the 17.9 percent increase in the department’s own income during 2021.

Thanks to the expansion of points in the collection network, citizen trust and the possibilities of making the payment virtually

“Thanks to the expansion of points in the collection network, the citizen trust and the possibilities of making the payment virtually”, explained Noguera.

During the report, the qualifier highlighted the financial management of the University ESE, since the department had to reorganize the health provision model due to the fact that it presented deficiencies in the operation, for which it assumed the restructuring of liabilities of four hospitals of the public hospital network and constituted the ESE Universityan entity that brings together the current departmental hospital centers.

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In the latest ratings, a trend has been marked in the good management of departmental finances, as it went from A+ in 2016, then in 2017, 2018 and 2019 to AA-, and in 2020 it reached AA+, which confirms the good moment that the Atlantic is experiencing for the second consecutive year during 2021 and 2022.

BARRANQUILLA

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Santa Marta: management of Superservices in Essmar - Other Cities - Colombia

The Administrative Court of Magdalena declared inadmissible the protection action requested by the socket suspension possession of the Santa Marta Aqueduct and Sewerage Company (Essmar), ordered on November 22.

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The decision was celebrated by the Superintendence of Residential Public Services, which will remain in charge of the entity, despite the pressure exerted by the Mayor’s Office to ensure that said intervention is irregular and has political ends.

The takeover of Essmar by Superservices remains firm

For its part, Superservices has indicated that the takeover was due to technical incapacityoperational, administrative and financial to guarantee the due quality, coverage and continuity of the aqueduct and sewerage services in the capital of Magdalena.

Upon learning of the ruling, Superintendent Natasha Avendaño stated: “Justice was served in favor of the samariums, the takeover of Essmar by Superservices remains firm.”

Likewise, he reported that the management of the special agent will continue to be followed up, so that the conditions of the aqueduct and sewage services in Santa Marta “continue to improve, as evidenced” since the intervention.

the main Superservice challenge is to guarantee the provision of drinking water service to users and achieve the recovery of the company with technical, legal and financial resources.

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Mayor rejects intervention

Mayor Virna Johnson has insisted that this intervention, contrary to generating a benefit in the provision of public services, means a new paralysis of the project to solve the shortage problem that the city suffers and also keeps it in a health crisis due to the overflow constant sewage.

“They do not invest, they do not do, nor do they let do”, the president specified.

Roger Urieles
For THE WEATHER Santa Marta
@rogeruv

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