The Government highlights that La Rioja has met in 2017 with debt and deficit targets

The Government highlights that La Rioja has met in 2017 with debt and deficit targets

  • La Rioja has met the debt and deficit targets in 2017 and closes the budget year at pre-crisis execution levels, according to the Minister of Public Administration and Finance, Alfonso Domínguez, who has shown his “satisfaction” for this fact.
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Precisely, has indicated, in the subsequent appearance to the Governing Council, accompanied by the spokesperson of the regional executive, Begoña Martínez Arregui, who has informed the Council tomorrow about the closure of the budget execution for the year 2017 of the Autonomous Community of La Rioja and the Executive Financing Strategy for the current fiscal year.

In the first place, it has detailed that La Rioja has closed the year 2017 fulfilling the objective of budgetary stability in terms of public debt set by the Fiscal and Financial Policy Council for 2017 at 18.3 percent of GDP, as This morning the Bank of Spain reported. Thus, the debt of La Rioja, in absolute terms, stood at 1,570 million euros in the fourth quarter, which is 83 million more than in 2016, which have been used to finance the expenses derived from the coverage of the deficit and the return of negative settlements.

Likewise, La Rioja has met in 2017 with the objective of stability at the close of the year with a deficit of -0.39 percent, below the limit set at -0.6 percent. For the counselor “these data confirm that La Rioja is a solvent community, with credibility and a future, since it has been able to contribute to the fiscal consolidation of this country, strengthening the quality of essential public services and reducing taxes on citizens” .

 

In this sense, the degree of budget execution rose to 94.43 percent in 2017, “thus being at pre-crisis levels”. According to the execution data, the Government of La Rioja has given priority to social and health expenditure, since the degree of execution of SERIS reaches 99.40 percent; the Ministry of Health, 98.26 percent; Education, Training and Employment, 94.68 percent and Social Policies, 84.51 percent. The Ministry of Agriculture, Livestock and the Environment (92.66) and Promotion and Territorial Policy (95.05%) also stand out for their high execution.

As for the income budget, it has been executed at 94.05 percent and highlights the behavior of indirect taxes, whose execution rises to 114 percent, as a result of the improvement of the economic situation and the greater activity. Thus, in 2017, more than 327 million euros have been collected.

FINANCE STRATEGY FOR 2018

Domínguez stressed that in this context, “the Government of La Rioja has designed a financing strategy for the current year, which is based on three axes: the maintenance of La Rioja in the Financial Facility Fund, in extending the average life of the debt portfolio and setting interest rates, and looking for new financing formulas in the bond market. “

Thus, the regional executive has agreed to expand the accession of La Rioja in the Financial Facility Fund during the second quarter of the year and while the conditions remain favorable for the region, so it will hire a new operation with the ICO by value of 169.4 million.

This new operation is added to the one carried out for the first quarter for a value of 82.4 million euros. The Financial Facility Fund is the only funding mechanism enabled exclusively for communities that have met budget stability objectives.

The permanence of La Rioja in this mechanism allows it, on the one hand, to cover the financing needs of the Community under conditions more favorable than those currently offered by the market and, on the other, to extend the average life of the debt portfolio and to fix the interest rates before a foreseeable rise in the markets.

The Government of La Rioja will continue to adhere to this mechanism as long as its conditions continue to be favorable to the interests of the region. Otherwise, it would explore other financing channels such as the bond market, which includes the so-called responsible bonds, directly linked to social development and to finance projects with environmentally sustainable benefits.

Currently, 96.8 percent of the debt of the Autonomous Community of La Rioja is covered by long-term debt (of which, 81.5 percent are public debt issues and 15.5 percent bank loans ) and 3.2 percent in the short term.

Check here more news of La Rioja.

Is the weed born or made?

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autor malas hierbas e1498115695514 * By José Manuel Martín (CSIC)

Few study groups within ecology and agriculture are baptized with a term as strong and negative as weeds . When I talk about the object of our work with friends, we do not miss the quick response by saying proverb: "weed never dies". Even sometimes the most focused request the magic potion that ends with those annoying little plants that invade their neighborhood garden.

In the definitions given by the experts, the subjective and anthropocentric nature of the concept is clear. The Spanish Society of Malherbology (SEMh), define weeds as " any plant or vegetation that interferes with the objectives or needs of man" . Therefore, in addition to orchards and crops, we place the weed blocking roads and ditches or spoiling the lawn of any sports facility. The characteristics that define these pioneer plants are having more than one life cycle per year, underground organs with which to regenerate, very high production of seeds , rapid growth and early flowering … The number of 'skills' present depends on whether we are faced with a plant with high potential as a weed.

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Borago officinalis and Portulaca oleracea. / Sonja Schlosser and Frank Vincentz

Of the 250,000 plant species that exist, it is estimated that 3% act as weeds . Thus, although it may seem that any species has the potential to interfere with our interests, the reality is that there are characteristics that predispose this 3% to manifest pernicious behavior. We could translate more than a score of these physiological attributes into a single ecological feature: the ability to colonize and develop successfully in disturbed habitats . Do not forget that our protagonists were here long before there were crops, roads, ditches and football fields. We have simply put within their reach environments with a strong anthropization that favor their colonizing character.

So, a weed is so as it affects the human being, without being something intrinsic to the biology of the plant. In fact, species classified as weeds and that can cause losses in orchards and crops, such as borage ( Borago officinalis ), are both regularly cultivated for consumption. And we go further. According to The world's worst weeds -something as well as the bible of harmful species for agriculture-, in the top ten of weeds, we find the purslane ( Portulaca oleracea ), which is common in Portuguese greengrocers .

The most paradoxical case occurs when a species of crop already harvested, for example a barley, is presented as unwanted grass in another subsequent crop on the same land. This situation is designated by the term 'ricio' . Could we deduce therefore that barley in this case is a weed? Yes, definitely.

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'Wheat field with crows'. / Vincent van Gogh

The bad-good herbs

It seems a contradiction to try to highlight positive aspects of something that is qualified as bad in its denomination, that is why we should refer to this vegetable group with a term without pejorative load: weed plants . Protect the soil from compaction and erosion, serve as habitat to natural enemies of pests , favor the presence of pollinators , be used for medicinal and nutritional purposes are some of its benefits, in addition to its undoubted landscape and social value. How would Van Gogh have painted 'Field of wheat with crows' or Monet his 'Poppies'?

In addition, the presence of weeds contributes to biodiversity and ecological balance . Many times it has been the human being himself, in his eagerness to turn the fields into intensive factories of food production, which has created the 'monster' of the weed, causing the irruption of species difficult to control because of the elimination of companion species that exercised control over those.

From this point of view, we have begun to become aware of the need for legal protection over weed communities. In its 1994 Action Plan for Biodiversity, Great Britain has already established Cereal field margin hap as one of its 46 priority habitats, defined as "swaths of land between cereal crops and the boundary with the countryside, extending within the cultivation in a specific distance, managed to favor the species under conservation ". Not everything will be panda bears and inaccessible flowers of remote peaks in conservation.

*   José Manuel Martín is a technician in the Department of Plant Protection of the Institute of Agrarian Sciences (ICA) of the CSIC.