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The allocation to economic policies increases by 24.1% in 2025, to 2,111 million euros

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The allocation to economic policies increases by 24.1% in 2025, to 2,111 million euros

The Minister of Economy, Employment and Digital Transformation, Guillermo Santamaría, highlighted that the draft general budget of Extremadura for 2025 includes 2.111 million euros allocated to economic policieswhich represents an increase of 24.1 percent compared to the previous one.

Santamaría, who made these statements last Thursday in Cáceres during the VIII edition of the SME of the Year Awards, highlighted that this increase will have a particular impact on the sector SMEs Extremadura, for which aid of 5 million euros is envisaged.

He congratulated the winners and recognized that the activity of small and medium-sized enterprises is essential for the creation of jobs and wealth at the local and regional level.

“These awards recognize the efforts that companies make in training, internationalization, innovation and digitalization, issues in line with what we are trying to promote with our policies of the government of María Guardiola,” he said. -he declared.

The councilor explained that the Extremadura General Budget Bill for 2025, with 8,309 million euros, is the highest in the history of the region and “represents a firm commitment to the well-being of our territory with a clear objective, to improve lives”. of Extremadura”.

He recalled that the Government Council approved on Tuesday the call for help to promote the digitalization of SMEswith the aim of improving the competitiveness and productivity of the entrepreneurial fabric.

Endowed with an allocation of approximately 1.5 million euros 125 small and medium-sized businesses They will be able to receive up to 80 percent of investments in technological solutions, underlines the Council in a press release.

The advisor also mentioned the investment of 700,000 euros in the development and implementation of digital twinsfor the growth and development of the ICT sector in the region.

“Good job” from the business community

He highlighted that the data demonstrates the “good work” carried out by the Extremadura business community. This Thursday, we knew that the average of industry sales it advances by more than 5 percent during the first nine months of the year.

In addition, market services turnover increased by 3.4 percent through September, almost a point higher than the national average. And turnover in the industry increased by 12.1 percent year-on-year, while in Spain it decreased by 1.3 percent.

On the other hand, the index of business confidence In Extremadura, growth was twice as strong as in the rest of Spain in the fourth quarter year-on-year.

In this sense, the advisor stated that “by lowering taxes, net income from corporate tax increased by 22.7 percent in 2024, while in Spain the average is 15.9 percent cent,” and added that “by lowering taxes, we collect more. been demonstrated in Extremadura.”

The councilor reiterated his gratitude for the efforts of Extremadura companies and congratulated the winners and the Chamber of Commerce of Cáceres on the occasion of its 125th anniversary.

On the other hand, it should be noted that the company “Constructions Sevilla Nevado” obtained the SME of the year award; “Especias del Sol” received the internationalization prize; Recognition for digitalization and innovation was awarded to “Albrok Mediación”.

Likewise, the “Alba International Group” won the prize for Training and Employment, while the Sustainable Prizes were awarded to “Architecture, Urban Planning and Real Estate Solutions”.

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