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Home » Content » The Autonomous Communities of Spain will receive almost 15% more from the financing system in 2024
This was announced this Monday by the Fourth Vice-President and Minister of Finance and Public Function, María Jesús Montero, at the meeting of the Fiscal and Financial Policy Council (CPFF).

Editorial

Extremadura, 12 December 2023

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This figure includes the 134,658 million in payments on account, 8.3% more than in 2023, and the 2022 settlement, which amounts to 20,746 million.

The Ministry of Finance has set the deficit target for the autonomous communities in 2024 at 0.1% of GDP and next year the regions will receive the greatest resources from the financing system in their history with 154,467 million euros, 14.9% more than in 2023.

This was announced this Monday by the Fourth Vice-President and Minister of Finance and Public Function, María Jesús Montero, at the meeting of the Fiscal and Financial Policy Council (CPFF).

This deficit target of 0.1% is one tenth of a percentage point more than that set in the April Stability Programme sent to the European Commission, but it is the same percentage as that included in the 2024 budget plan, sent to Brussels in October.

However, this tenth of a percentage point more margin for the autonomous communities will be assumed by the central government next year, an exercise marked by the reactivation of European fiscal rules, suspended since 2020 due to the pandemic and subsequently due to the impact of the war in Ukraine.

In addition, the Ministry of Finance has informed the autonomous communities that in 2024 they will receive the largest resources from the financing system in their history with 154,467 million euros. This is an increase of 14.9% with respect to 2023, which means that they will receive almost 20,000 million euros more than last year to strengthen their public policies.

This figure includes the 134,658 million euros of the payments on account, 8.3% more than in 2023, and the 2022 settlement, which amounts to 20,746 million euros, according to sources from the Ministry of Finance.

The Department headed by María Jesús Montero has conveyed the Government’s “absolute” commitment to the financing of the communities through a greater deficit margin for 2024, in addition to the greatest resources in its history to invest in health, education and social services.

https://www.ondacero.es/emisoras/extremadura/noticias/comunidades-autonomas-recibiran-2024-casi-15-mas-sistema-financiacion-objetivo-deficit-sera-01_202312126577d58bd670370001a4ef8d.html

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