Catalonia’s autonomous finance rises 2% above average

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Community income Catalonia the regional financing system remains slightly above the average. By the way, like the lands Andalusia, Murcia or Castilla-La Mancha not only do they have below average per capita financing, but they are losing their positions in anticipation of a reform in the model that the current coalition government has given up on undertaking in this legislature.

Ministry of Finance, data announced at the end of July final settlement Regional funding corresponding to 2020. Applied Economics Research Foundation (Fedea) highlights the relative improvement in 2020 of communities such as Catalonia in the distribution of the regional funding pie and the worsening of some regions already starting from an underfunded level.

Above or below average

According to the final solution for 2020, the per capita income allocated to Catalonia (2,604 euros) was slightly above the average (2,555 euros). especially, adjusted per capita financing (a concept that takes into account factors such as geographic distribution or degree of aging) In 2012, which coincided with 2020, it was 101.9 points. Catalonia, compared to the average of 100 (almost 2% above average). According to Fedea’s analysis, Catalonia not only remained above average in 2020, but also achieved a slight relative improvement of six-tenths compared to 2019, when the system’s resources represented 101.3 points out of 100, starting at 100.

In total, seven autonomous communities improved their participation in the financing system in 2020, according to data analyzed by Ángel de la Fuente from Fedea. it was like that for the land Catalonia, Galicia, Asturias, Valencian Community, Aragon, Extremadura and Castilla y León. However, eight more communities have reduced their participation in the pie of the regional financing system: Andalusia, Cantabria, Murcia, Castilla La Mancha, Canary Islands, Balearic Islands and Madrid. communities Basque Country and Navarra they have their own regional financing regimes and are outside the common regime.

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Also, three of the declining communities –Andalusia, Murcia and Castile-La Mancha– They have already started from a very unfavorable situation of underfunding, as the per capita resources allocated to them by the current regional financing model are below average. this Valencian Community it is also underfunded (93.1 points out of 100 on average), but this autonomy has improved slightly in 2020.

Where is it most collected?

Fedea’s analysis shows that: Catalonia Although it ranks ninth in terms of income from the regional financing system, it is the third autonomous community (after Madrid and the Balearic Islands) that collects the most taxes per capita.

In line with the mechanisms of the regional financing model, Madrid (7,735 million), Catalonia (1.869 million), and Balearic Islands (196 million) contributed a total of 7,800 million in favor of the remaining communities in 2020, contributing to the leveling of the quality of services provided in all of them. The Balearic Islands are in fourth place, while Madrid drops to tenth when it comes to financing system resources per capita.

extraordinary resources

Overall, the financing cake that the autonomies had to distribute in 2020 has been significantly reduced. According to Fedea’s analysis, the total volume definitive funding The percentage of autonomous communities of the co-regime fell by 11,200 million (9%) in 2020 compared to 2019 due to the weak evolution of regional and state tax revenues as a result of the covid crisis.

However, this decline was more than offset by an extraordinary resource injection of 19,600 million by the State. This amount includes the 4,400 million euros that the communities had to return to the State and the State donated them, and covid background (15.207 million).

If these extraordinary transfers of 19,600 million are included, the adjusted average per capita financing corresponding to 2020 increases to EUR 2,996 according to Fedea’s calculations (compared to the starting figure of EUR 2,555 from the regional financing system). Catalonia’s participation in this ‘extended pie’ rises to 103.2 points (out of 100 on average). But the injection of extraordinary resources failed to save Andalusia, Murcia, Valencia and Castilla La Mancha from the sack of insufficient funding.

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