Botanics held a final plenary session of Consell this Wednesday before Carlos Mazón was sworn in as president of the Generalitat on Thursday. This last executive act had a central point: preparing an X-ray of the Generalitat’s accounts after eight years of left-wing governments; He blames the outgoing Valencian government for future accounting imbalances.
Thus, in the exercise of displaying these accounts and guarding against future accusations, the examination of the accounts presented by the regional Administrator in the eight years of Botànic is characterized as follows: 36% increase in social spending compared to 2015 (more than 4,000 million) Compared to the 13.5% that the previous government had increased in the previous two legislatures, and most importantly, in eight years with Botànic, this debt increased by 214% in 2007 and 2014, with the debt increasing by 31% (15,000 million) in 2007 with the previous governments of the PP.
This means that debt to Botànic has increased seven times less than in the previous two legislatures, according to official data. In this sense, in the claim that “we stopped the debt growth”, Arcadi Spain, Knowing that debts are a sensitive issue to blame in the future, his acting Finance Minister, in fact PP, has already criticized the fact that Botànic is leaving, leaving Generalitat with 55,000 million in debt.
One of four euro debt from Botànic
However, the balance is more positive in the outgoing government. Spain, all your debt The regional government is accumulating 72%, corresponding to the years before 2015 and the remaining 28% have been part of Botànic’s management in recent years, a little more than one in four euros. He highlighted the lack of regional financing reform in this debt, despite noting that resources have increased by 66% since 2015 to more than 5,300 million.
“We left the accounts with regular and record levels of social spending and payments with suppliers.”Spain cited this success as the main blows to the economy, after a legislature marked by COVID and the war in Ukraine, and without a reform of the financial system, which led to a “tremendous effort”. On the Council side, despite all this, the accounts are “clear and orderly”, “The Treasury is working properly” (with a 56-day reduction in payments to suppliers) and its debt rating has not changed, remaining at BB since 2015 after two years at BB- in 2013 and 2014.
Another piece of data that Botànic took seriously was the gap in the failure to meet the clear targets that Generalitat had accumulated over the eight years of left-wing government and the PP in the previous eight years. Thus, Spain deviated 7.209 million from Consell’s explicit target over the past six years, while the Camps and Fabra governments deviated 16,755 million from 2008 to 2014. And that the allowable deficit in the Botànic case (5.167 million) is lower than in previous popular governments (9.195 million).