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less taxes and more investments

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less taxes and more investments

Caroline Spain is he brain who designs and executes annual budgets of the Junta of Andalusia since 2022, date on which Juanma Moreno trusted her to be the Minister of the Economy, Finance and European Funds of the Andalusian setting. Since then, Andalusia showed that it was possible lower taxes, collect more and, therefore, invest more among citizens in areas such as education, health either social policies. These days Caroline Spain presents the latest account details more social of the history of the community. And we can trust the figures presented by the advisor, since the Junta of Andalusia In 2023 – the last full year – it executed 98.3% of its budget compared to the initially approved credit. This figure represents an investment of 44,840 million eurosa figure 11.135 million euros higher than what was managed and executed in 2018 (33% more), last year of the PSOE at the head of the Andalusian government.

He Andalusian Government Council approved this Tuesday the project of Finance law of the community by 2025, which is equivalent to 48,836.2 million eurosor 4.4% compared to this year. All this, despite the constant obstacles in the wheels of the government of Pedro Sánchez, which continues to allow Andalusia to receive every year 1.522 million euros less than what it would correspond to under the current regional financing system.

“Cautious” but positive forecasts

THE Junta of Andalusia planned in his project Budget by 2025, that the economic growth of Andalusia will come from a 2.4%a figure which will be four tenths higher than the 2% provided for in the Economic and financial report accounts for this 2024, while the estimated figure for job creation will be 72,000 new jobsfor one unemployment rate which was placed in the 15.5%.

Another particularity of the Andalusian accounts for the next financial year will be the budget balancean aspiration which will mean that the ratio between income and expenditure is equal to zero. In the accounts still in force for 2024, a deficit of 0.1% was forecast, according to the Economic and Financial Report 2024. “This seemed to us the most responsible and prudent with regard to the income scenario,” said Carolina Spain. . that same Tuesday.

Caroline Spain brandished the caution of the Andalusian government in establishing its accounts because the Independent Tax Accountability Authority (Airef)in its evaluation of the macroeconomic forecasts of the Andalusian budget, raised by a tenth, to 2.5%, the hypothesis of a growth of the Andalusian economy by 2.4%in addition to recalling that this organization has increased the increase in Andalusian GDP of this year. “We are very careful when it comes to budgeting and the reality exceeds expectations,” he said. Spain.

In the case of the figure of Stop and the creation of jobthe advisor and spokesperson referred to the calculations made for 2024, when the Andalusian government was working with an unemployment rate of 17.9%, to then point out that in the Labor Force Survey (LFS) of the third trimester, which is prepared by the National Institute of Statistics (INE), amounts to 16%, and that the forecast for 2024 was to create 54,000 new jobs and right now they are 79,000 created.

THE economic advisor noticed on the Andalusian labor market which presents “the historical maximum” of 3.5 million members At Social securityto affirm here that the regional economy has reduced the unemployment gap with the national average, “we are converging”, he underlined in this sense. She assured that “job creation and reducing unemployment are one of the fundamental objectives” of the Andalusian Government, convinced that these will be “budgets that will help continue creating jobs in Andalusia.”

In the case of deficit figure and spending ruleSpain also argued that “ caution and the rigor» as revenue to deal with the “uncertainty” of the economic framework due to the lack of general state budgets.

THE spending rule who applies the Andalusian accounts in 2025 will be 3.2%since the advisor and spokesperson defended that it was the figure “which was communicated to us in the Tax and Financial Policy Council“, which is why he recalled here that “so far neither the deficit target nor the debt target has been approved in Congress”, although he indicated that the Tax plan that he Government referred to Brussels “We tell you that the spending rule will be 3.7%”, to reaffirm that “we have respected the data from the Budget Policy Council”.

Asked by journalists about the possibility of a budget surplus of 0.1% compared to the forecasts that the government intends to present to Congress, the advisor and spokesperson stressed that “there is merit” in presenting a project “in balance”. without deficit” in the face of an environment he described as characterized by “a lot of uncertainty”.

Spain defended the position of Andalusia as “underfunded territory” to emphasize that it hesitates to promote a situation in which “we have money to give it to the government or to another territory” and that in this way “it has more room to go into debt”, it is why she reaffirmed that “the most reasonable thing is to do it in balance”, before contextualizing that a possible tenth of surplus would be a budgetary margin of “200 million euros”, this is why she put its impact into perspective on accounts over 48 billion.

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