Total debts of public administrations increased by 2 percent in February compared to January.until you reach 1.52 trillion euros, an all-time highAccording to advanced data released by the Bank of Spain this Friday.
in just one month the Public debt 2% more, €30,208 million recovered, mainly due to increase in indebtedness Situation and autonomous communitiesand to a lesser extent municipalities.
Most accused Last year’s debt increase as it grew 5.4% year-on-year in February and was 78,436 million euros moreas a result of low incomes and high expenses resulting from the energy crisis and the economic consequences of the war in Ukraine.
Breakdown of data by administrations, February State debt of 1.349 trillion eurosit also represents an increase of 2.3% in just one month, a historical record with an increase of 6.9% in the last twelve months.
More debt in the CCAA
in the same line, the autonomous communities they saw their debt increase by 0.7% from January to 317,510 million euros, however, it is experiencing a 2.5% recovery between years.
municipalitieson his side, we recorded a deuda, EUR 22,911 million in February, an increase of 0.4% compared to the previous month, Last year, it recovered by 3.1%.
Indebtedness Social Security remained the same in February With 106,169 million euros, it increased by 7% in the last 12 months compared to the previous month.
The Bank of Spain, this increase Loans made by the government to the Social Security General Treasury to finance the budget imbalance.