The Valencian Community closed 2020 exceeding 50,000 million euros of public debt for the first time, which again released the barrier of 51,000 million three months later.
A snowball that the PSOE justified yesterday not to cut out public services and maintain the “standard of living” and that, in practice, will continue rolling in 2022. The Generalitat will include the fictitious revenue of 1,325 million to alleviate
Infrafinancing but, according to the PP now, they will not even serve to cover the fall of funds from the State that is expected for the next year.

The spokesman for the Economy of the PP in the Valencian Cortes, Rubén Ibáñez, estimates that the Valencian Community will stop entering 2,690 million for transfers or state decisions.
The bulk of this amount corresponds to the disappearance of the Covid Fund that enabled the Government to deal with the expenses of the pandemic.
That is, without the extraordinary fund, the Generalitat will not see the 1,4 billion that were achieved by this year this year, although since the Conselleria de Hacienda, it is entrusted to compensate them with European funds.

This is added the liquidation of the autonomic financing system, which will suppose some 700 million less in the Valencian coffers with respect to the provisions of this year.
In fact, the Treasury sources consulted trust that it can be tested with an “additional transfer” from the Government to the communities that covers the negative liquidations of 2020.

In addition, the Consell features that deliveries on 2022 will grow by 5.5% compared to 2021. In figures, 539 million more, but 90 less than what I would play if Ibañez points out, which average
national level is 6.4%.

The Valencian Community also harms the objective of public deficit set by the Ministry of Finance for 2022, which passes from 1.1 to 0.6%.
This would theoretically force himself to tighten his belt: translated into figures, 500 million less.
However, the Conselleria de Hacienda is welcomed again that it is still a reference rate in a suspension scenario of fiscal rules.
In short, it will not comply, despite the fact that the Vicent Soler Conseller already advanced this newspaper that the next budgets will not be expansive as the previous ones, precisely to try to contain the expense that, in addition, triggered with the pandemic.

However, for the deputy of the PP, “this cut compared to 2021 occurs with the approval of President Ximo Puig, who not only does not complain but applaud him and try to make up, inventing the accounts to cover this obvious lack of funds from
Pedro Sánchez and trying to divert attention on taxation in Madrid. ”
Ibáñez has charged Puig’s economic management 11,000 million debt that, on the contrary, in Generalitat justify precisely by the infraternancing he suffers from the Valencian Community after years with an expired autonomic financing model.