The Governing Council of the Community of Madrid today approves record budgets that plan to strengthen social policies and strengthen public services in the region. Isabel Díaz Ayuso, president of the Community, presents accounts that include an investment of almost 23 billion dollars intended for health, education, housing, social policies and transport, a historic record.
The investment in these areas of the regional government, which concretely amounts to 22.889 million, represents 9 euros out of 10 of the budget autonomous. This set of positions saw an increase of 764 million euros compared to the previous year. In total, the Budget accounts for next year reach a total of 28.662 million euros after experiencing an increase of 4% compared to those of 2024.
The 2025 budget, which is sent to the Madrid Assembly on Thursday to be processed and obtain the support of the legislative chamber for its entry into force in January, has the approval of the Independent Authority for Fiscal Responsibility (AIReF). This is the Legislature’s second consecutive budget that began in 2023.
THE the position intended to strengthen health care is the one that increases the most between all ministries, by collecting a increase of almost 3%. In total, the Ministry of Health will have an allocation of 10,459 million (294 million more than the previous year), including 2,622 exclusively for primary care, which once again increases its annual allocation with an increase of 50 million (+ 2%).
In the 2025 budget of the Madrid region, increases in housing policies also stand out with an increase of 34% compared to the previous year; the new historic maximum for scholarships and study aid (254 million euros); and the 11.9% increase allocated to dependency to exceed 710 million euros.
The Community of Madrid includes in the budget bill for 2025 a 100% bonus on regional management taxes for the purchase of housing for those affected by metro line 7B, in San Fernando de Henares, which have purchased a good that replaces the damaged one. . The owners or usufructuary of the houses could benefit from this initiative of the regional government and a tax saving of almost one million euros is estimated.
The bonus will be applied to real estate transfer taxes in the case of second-hand houses and to documented legal acts for new constructions. It will be retroactive to the four years preceding compensation for the consolidation and repair work of structural damage on line 7B.
As the Community of Madrid explains, the next budgets are intended to support strategic investments such as the expansion work on lines 5 and 11 of the Madrid metro, the City of Justice in Valdebebas or the new City of Health around the current University Hospital of La Paz. At the same time, the Digitalization Department is increasing its budget by 10% in order to continue moving forward in the technological revolution in the region.
The accounts also provide for a €500,000 helpline for SMEs and individual entrepreneurs in the commercial and service sectors victims in the municipality, with the aim that they can cover investments in infrastructure and equipment for the recovery and revitalization of their businesses.
Soon they plan to expand the tax deductions on personal income tax, property transfers and documented legal acts that Madrid residents will benefit from to access housing. In September, he promised a reduction in inheritances and donations and the expansion of rent deductions in the tax return, in accordance with the “commitment” made with Madrilenians during the elections. These measures will represent an average saving of 180 million euros per year for taxpayers in the region, they explained.
The Madrid Executive managed to respect the planned timetable once the process of amendments recorded by the rest of the political groups in the Assembly was completed. The accounts should reach support from the Chamber of Madridwhere the popular are in the majority, before the end of the year.
Madrid’s 2025 budget includes the effects of the seven regional laws and 21 tax cuts approved since 2019, when Ayuso served as president of the region. Since then, The battery of measures resulted in tax savings of 31.3 billion euros for workers and businessesas explained by the regional executive.
