Balearic fail to fulfill the deficit target to end 2015
The Councillor of Finance, Catalina Cladera, said Friday that the Government will default this year’s deficit target of 0.7 percent set by the Ministry, standing at 1.5 percent of GDP, which has been attributed to economic policies implemented by the previous government and has left the islands “in a far worse economic and social situation of the Community has had in many years.”
Cladera made the announcement accompanied by the director of Budget and Finance, Joan Carrio, who pointed out that this will mean that the cost will exceed 420 million euros in revenue generated, representing deviate 222.5 million euros of the deficit target.
To remedy this situation, the CEO said that the Government does not arise cuts carried out since during the last term of Jose Ramon Bauza “reached their limit.” Yes boosting the regional government provides tax measures that include new tax figures, and set a budget “that meets the objectives”.
In this line, it is confident that the next central government “can relax the deficit Autonomous Communities “since” many can not accept it. “
Similarly, lamented how recent General Budget reflect an” underfunding “in regional investments, which” is aggravated by the fact since the islands have ceased to apply statutory investments already signed, especially when it comes to matters train is concerned, “nor has negotiated a new Special Regime Baleares (REB) and claimed a new funding system.
“It’s a rather uncooperative attitude of the central government” has abounded Carrio, who lamented how “we feel abused because it should increase revenues by virtue of the economic cycle”.
As for the last Government, the CEO has called him “irresponsible” for “not having converted these elements” while at the approaching elections last May, “relaxed fiscal discipline”.
Both Cladera as Carrió have also offered the expenditure committed during 2015 which, however, did not have adequate budget and amounted to a total of 262.1 million euros. In this sense, higher expenses were the Ib-Salut (141 100 000), Ministry of Education (34.8), Department of Land (30.5) and Ministry of Innovation (20 million).
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