Abstract

ROCA SARMIENTO, Wilson. Fiscal situation of the District of Barranquilla: incomplete achieyements. rev. econ. Caribe [online]. 2011, n.8, pp.1-44. ISSN 2011-2106.

The recent fiscal performance of the District renders significant achievements in tax collection, in the management of major domestic transfers, the amortization of a significant portion of the debt that had accumulated and the fulfillment of the second amendment to the Debt Restructuring Agreement. However, as these achievements are incomplete, the difficult fiscal situation is still an unsolved matter, due to the fact that next to the postponement of the amortization of the financial debt - whose interests must be added - has created new credit obligations and has made widespread use of future forces that in strict economic sense constitute a form of debt. The next Administration of the city will receive as inheritance from the current Government a debt that will demand valuable fiscal efforts to amortize it, and forces the new administration to have present that fulfillment of programs of expense - especially targeting the neediest sectors, must be guaranteed without placing in risk the fiscal stability, for which it will require a cautious review of the expenses and tributary structure, as well as their increase of the efficiency in the collection.

Keywords : debt; future forces; amortization; deficit.

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