The Government proposes a mechanism of removes in which it undertakes to condemn up to 83,252 million euros of the debt that CCAA maintains with the State through the Autonomous Liquidity Fund (Fla). The document raises a condom of 18,791 million for Andalusia, 17,104 million for Catalonia or 11,210 million for the Valencian Community. The proposal establishes three phases that explain the methodology. First, it calculates the amount through a differential between the volume of liabilities accumulated by the territories in the period that covers December 31, 2009 and that of 2013; and that registered between the last days of 2019 and 2023. “We calculated that the CCAA had to borrow around 80,310 million euros, as a consequence of the lack of support granted by the government of Mariano Rajoy during the previous financial crisis,” they point out from the Treasury.
In addition, Montero takes advantage of the mechanism to correct the infinance that four regions suffer as a consequence of the current regional financing system. Andalusia, Valencia, Castilla-La Mancha and Murcia will be able to access an additional sedonation of 19.3%. In addition, the Government identifies Valencia, such as the CCAA that the highest volume of debt per adjusted inhabitant accumulates, of 2,384 euros. Through that limit, the Treasury proposes to raise the foronation to reach this same amount for the rest of the infringed regions. “To the CCAA that have been below the average in financing per inhabitant, we raise their condonation to the amount represented by the CCAA that reaches the highest level: Valencia,” Montero explained.
Finally, the vice president will reward those regional governments that have not reduced the IRPF. That is, the CCAA that have exercised their competence on the Income Tax “above the average” will receive additional removal of 10%. “We benefit those who have made a fiscal effort,” said Montero, who has revealed the content of the mechanism shortly after the ERC leader revealed the agreement signed with the Executive on the Quita figure from which Catalonia will benefit.
“This is a measure with which all, I repeat, all CCAA win,” he insisted again and again rule. “With less debt there is less interest than paying, the foronation allows to reduce its debt ratios and clean up its public accounts, a better credit rating, more financial autonomy …”, he said before pointing out that “more financial autonomy, gets more political autonomy “.
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Montero announces a remove of 83,252 million of the debt that CCAA maintains with the flaw