The Junta de Andalucía has planned in its budgetary project for 2025 that the the economic growth of Andalusia will be 2.4%a figure that will be four tenths higher than the 2% forecast in the Financial Economic Report of the accounts of this 2024, while the estimated figure of job creation will be 72,000 new employees, for a an unemployment rate which reached 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% is forecast, according to the 2024 Financial Economic Report. The situation of uncertainty (the Government was unable to approve not only the budgets but even a deficit trajectory ) took place. led the Council to take a conservative position. “This seemed to us the most responsible and prudent thing to do with regard to the income scenario,” indicated the Minister of Economy and Finance. Caroline Spain.
Nearly 49 billion
These are the data presented this Tuesday during the press conference that followed the meeting of the Government Council, which today approved the budget bill for 2025 and has already handed it over to the Parliament of Andalusia with an initial allocation . 48.836 millionan increase of 4.4% compared to the initial credit for 2024, which was 46,753.2 million.
In the case of the unemployment and job creation figure, the 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 emphasize that in the Labor Force Survey (EPA) for the third quarter, prepared by the National Institute of Statistics (INE), it was placed in a 16%Furthermore, the forecast for 2024 was to create 54,000 new jobs and currently 79,000 are created.
The Minister of Economy stressed that the Andalusian labor market presents “the historic maximum” of 3.5 million members to Social Security, to affirm here that the regional economy has reduced the unemployment gap with the national average, “we are converging”, he underlined in this sense.
Spent
The spending rule that applies to Andalusian accounts in 2025 will be 3.2%, as defended by the advisor and spokesperson that it was the figure “that was communicated to us at the Fiscal and Financial Policy Council “, which is why he recalled here that “to date, neither the deficit nor the debt objective has been approved in Congress”, even if he indicated that the Tax plan that the Government sent to Brussels “it is said that the spending rule will be 3.7%”, to reaffirm that “we have adhered to the data of the Fiscal 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 that he described as characterized by “a lot of uncertainty“.
Spain defended Andalusia’s position 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 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 of more than 48 billion.
