On 1 September 2026, the Ministry of Finance opened the submission period for the fourth quarter (October–December 2026) payment orders to the Official Credit Institute (ICO) under the Local Entity Financing Funds (Fondo de Ordenación and Fondo de Impulso Económico). The window runs from 1 to 15 September 2026. A new requirement mandates that payment orders related to final court judgments must be accompanied by a signed Certificate of Finality (Certificado de firmeza) uploaded via the application.
Key Takeaways
- Quarterly Funding Cycle: The funds finance local investment projects and liquidity needs, with disbursements aligned to the academic and construction seasons.
- Judicial Payment Control: The certificate requirement aims to prevent duplicate or fraudulent claims on settled litigation.
- Guidance Documents: Updated user guides for both funds are available for download to assist entities in correct submission.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement