Tax reforms in Valencia advance with inflation relief measures and 2023 budget priorities

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The Consulate confirms that the tax reform proposed by Generalitat president Ximo Puig will be approved during the general policy debate slated for next Monday. The regional government has indicated that the tax measures designed to curb inflation will be enacted at an extraordinary governing meeting on that day, and the Botànic coalition is prepared to ratify the 2023 budget support law in the same session.

Puig reaffirmed this position during a control session in the Valencia regional parliament, addressing concerns raised by PPCV representative Maria Jose Catalá. He stated that the administration will continue to advance financial policy over the coming year and will remain committed to the 2023 budget priorities, highlighting a sustained effort to stabilize public finances while tackling rising prices.

The Generalitat explained that the reform will have retroactive effects beginning January 1, 2022, with the goal of delivering relief to families and households within the current year. The statement stresses the government’s focus on practical fiscal relief measures that can be felt by residents as soon as possible, while upholding fiscal discipline and budgetary responsibility.

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