Advance fund for payment of government trade payables

Local authorities unable to make payments due to a lack of funds can ask Cassa depositi e prestiti for cash advances. This allows the entities to pay debts that are certain, of a fixed amount and payable

CDP manages the fund and the consequent granting of cash advances in the name and on behalf of the Ministry of Economy and Finance (MEF).

Who is eligible

Local authorities (Municipalities, Provinces, Metropolitan Areas, Mountain Municipalities, Island Municipalities and Municipal Associations).

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