Regional employers consider: “good news” decision Standard & Poor’s raise Valencian Community ‘rating’ perspective from stable to positiveHe believes that the rating agency’s forecasts will contribute to ensuring stability and making it attractive, and new investments for the region.
This was stated by the chairman of the CEV on Monday. Salvador NavarroAfter the news last weekend that the Generalitat itself interpreted this as the approval of the budget project of S&P and the markets.
“We agree with S&P autonomous government budgets Carlos Mazón more in line with reality by eliminating make-believe play, but that doesn’t mean we won’t continue to make a claim. A fair and equitable solution for the Valencian Community“, Navarro remarked. “We hope this is the legislature.” Changing the regional financing model and forgiveness of debt arising from inadequate financing, which will undoubtedly help improve prospects further,” the business leader insisted.
In the same vein, the CEV chairman “underlined the recovery prospects that S&P envisages within a maximum period of two years; can create stability and greater confidence to attract new investments“.
Best in rating
Rating agency Standard and Poor’s announced a few days ago that it changed the rating outlook of the Valencian Community from stable to positive. Autonomy rating “likely to improve” is “high” As Consell emphasized last Saturday, over a period of two years at most.
In this improvement in the perspective of the Valencian Community, as the Generalitat emphasized in a statement, the agency took into account Consell’s “most realistic approach” when preparing the Generalitat’s 2024 Budget.assertion element eliminated This was also the case in the previous government.” Likewise, attention was also drawn to the expenditure control measures adopted and announced for the coming years.
Standard and Poor’s also underlined what was expected income increase They will “compensate for lower resources” due to their own taxes, such as Inheritance and Gift Tax, as a result of the liquidation forecast made by the financing system for the 2022 financial year next year and the 2024 account payments. In addition to six new social deductions in personal income tax, Inheritance Transfer Tax and Documented Legal Proceedings.
The agency also anticipates: Moderation in spending growth from 2024 It stems from the implementation of new fiscal rules that the European Commission will approve “soon”, the decline in inflation, the “spending efficiency” measures announced by Consell or the “more realistic” budget forecasts.