Consell reduces investments in Alicante by 124 million and hides behind debt and low level of execution

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A day after the 2024 budgets of the Generalitat became known, Consell shared regionalized investment data by province, one of the most anticipated figures this Tuesday. New in the case of Alicante Director of PP and Vox By reducing investment by 124 million euros, the latest budgets prepared by Botànic reduced from 610 million euros for this year to 486 million euros planned for next 2024. It was already stated on Monday that there were actual expenditures in this year’s accounts. The total amount, excluding debt payments, grows less. The increase is more moderate because a significant part of the money goes directly to cover the maturities and interest of liabilities. On the other hand, Consell sources stated this Tuesday that although the Botànic investment is higher for 2023, it should be taken into account that the budget realization percentage at the end of the third quarter of the year is around 25%.

Regarding the percentage of resources allocated to the province, regionalized investment in Alicante is 38.07%, thus slightly exceeding the population weight of the Alicante region in the entire province. Valencian Communitywhich is 37.4%. Last year the percentage of regionalized investment in Alicante was two points higher than this time and reached 40%. In this sense, Botànic paid special attention to compensating the province through regional budgets after the damage to state accounts that left Alicante once again at the bottom of investments.

eight years

The total projected investment for 2023 reached 610 million, the eighth consecutive increase in Consell’s allocated funds for the state, from 89.8 million in 2016, the first accounts prepared by the left-wing tripartite party showed. It will exceed 600 million. This evolution meant that investment in Alicante increased almost sevenfold during the Botànic years. Consell, on the other hand, quarantines some of this year’s budget data. Besides the low percentage of executions, the previous person is charged autonomous government they included fictitious items in their accounts and did not receive the planned European funds.

As for the remaining provinces; regionalized investment In Valencia the number is 647.66 million; This represents a decrease of 57.43 million compared to 705 million in 2023. In percentage terms, Valencia now wins with 50.77% resources, compared to 47.25% previously. The investment in Castellón was 142.24 million, with a cut of 34.76 million compared to 2023, which was 177 million. The percentage of resources devoted to Castellón is almost the same; currently 11.15% compared to 11.86% previously.

Looking at the overall budgets of 2024, it is expected to grow by 4.5%. 29.372 million. The initial calculations of PP and Vox managers are due to the expected increase in revenue from the State financing system and tax collection, which is expected to exceed the previous figure by a billion times.

Vega Baja plan and tourism in focus of criticism

Both PSPV-PSOE and Compromís condemned this Tuesday that the accounts presented by Consell, PP and Vox are not compatible with the state and hinder the correction of the historical investment deficit dragged by Alicante. In this sense, most of the criticism focuses on the interruption of the plan for the recovery of Vega Baja, which Botànic promoted after the 2019 DANA, and the decline experienced by one of the most important economic sectors of the Valencian Community. The province, whose budget decreased from 94.9 million to 74.5 million, had problems, especially tourism.

Sources from PSPV told this newspaper, referring to Vega Baja’s strategic plan, that “it points to Carlos Mazón’s lack of interest in the sustainable recovery and development of Vega Baja” and added: “Consell de Ximo Puig’s political interest in the region his intent and commitment were lost.

The deputy spokesperson of Compromís in the Valencian Cortes Aitana Mas denounced that the Alicante-based Innovation Department had suffered one of the most significant cuts.

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