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Raft of measures announced to counter economic fallout in Marbella

Mayor of Marbella, Ángeles Muñoz.
Mayor of Marbella, Ángeles Muñoz. / SUR
  • Mayor Ángeles Muñoz has outlined the largest public investment and tax reduction plan in the town's history

The council in Marbella has announced the largest public investment and tax reduction plan in its history in a bid to tackle the economic crisis triggered by the coronavirus pandemic.

Mayor Ángeles Muñoz announced last Friday a battery of measures which, she said, would involve allocating 130 million euros to economic recovery. She also called on central government to lift the ban on local councils spending their accumulated surplus, which in the case of Marbella amounts to 70 million euros.

Muñoz highlighted the unemployment data released last Thursday, with an increase of 17.3 per cent (to 14,200), in addition to an imminent "unprecedented crisis". That is why the council will allocate 60 million euros to municipal investments and ten million euros to employment and training.

Small firms and self-employed

In addition, the council is working on an ambitious plan to maintain employment and the survival of small firms and the self-employed. This involves 25 measures that will require 130 million euros of municipal funds. One measure will be the application of the "zero activity, zero tax" principle.

There will also be direct subsidies for firms that retain the same number of workers as prior to the crisis, a scheme to which two million euros has been allocated.

Construction

Meanwhile, since the state of alarm was decreed on 14 March, Marbella council has received 616 urban development files, of which 386 are building licences. This is a similar number to those that were put in place last January, before the coronavirus pandemic broke out.

On Monday, the council approved nine of these licenses, which will see an investment of 1.7 million euros.