The government approved changes to accelerate state payments, shortening deadlines and calculating late interest from the moment invoices are overdue, with automatic penalties for public entities that miss deadlines, the Minister of the Presidency said. The moves aim to make the State pay suppliers faster and reduce commercial credit risk for companies working with public bodies. Businesses and suppliers that deal with the State should review invoicing and contract procedures and monitor the final wording for when new deadlines and interest calculations take effect.