Saturday, December 6, 2014
Alarit inatoratum orbenir ta intilis vili. Sulic Vidie facto in talissentius num their bonsulia silis? Satu
The set of autonomy is poised to breach the deficit target 1% of GDP for 2014 ( in September reached 1.14%) and there are communities like Catalunya , Extremadura, Valencia and Murcia, according to the Tax Authority, could end the year with a budgetary imbalance above 2% of GDP.
This is evidenced in the Report on the main lines of Budgets released yesterday by the Independent Authority Fiscal Responsibility ( trade show ) in which the body requests the Ministry of Finance to activate preventive measures on the four autonomous discipline at risk of ending 2014 with more than 2% deficit and other three (Castilla-La Mancha, Andalusia and the Balearic Islands ) whose deviation from the target of 1% can they overcome three tenths.
next to the Authority Fiscal , chaired by José Luis Escrivá, Fuentes assessed yesterday that despite the expected deviation from the deficit of the autonomous communities, the whole of government (state, autonomous regions and municipalities) reaching their collective target of 5.5% of GDP in 2014. This will be so thanks to the surplus of the top local corporations to initially and an expected deficit below the initial target central administration.
It is the same combination that occurred in 2013. Therefore, sources Revenue Authority recognized the desirability of “reflect” on the distribution of the deficit targets , to recognize the greater difficulty they have autonomy to achieve their goals.
LETTER
In principle, the deficit target 5.5% of 2014 GDP is broken down between 3.5% for central administration; 1% for autonomy; 0.0% for local corporations and 1% for Social Security.
repeatedly, have been demanding autonomy Finance Minister Cristobal Montoro, a division other than the deficit to grant more margin communities. Yesterday, the Minister of Economy, Andreu Mas-Colell , sent a letter to Escrivá in which he asked to rule on this issue. According Mas-Colell, the distribution of the deficit between the three levels of government is “unilateral, arbitrary and violates the provisions of the Stability Law of the State”.
The group CiU in the House of Representatives on Tuesday asked the Government to grant autonomy to the additional three tenths of deficit Brussels allows Spain (up 5.8%) and that the Executive refuses advantage.
LACK OF ELASTICITY
In general, it is considered that spending managing autonomy (education and health) is very difficult to cut and that their income does not allow a tight evolution of the economic cycle (van lagging behind economic recovery, which already stands out).
Without going into the content of the letter of Mas-Colell, some of this acknowledged yesterday the president of the trade show itself, José Luis Escrivá , in the letter he sent to Secretary of State for Public Administration, Antonio Beteta , asking him to enable preventive measures to discipline under the Stability Law.
According to the letter, posted on the web Fiscal Authority budget “tension” of autonomy “shows the lower sensitivity and higher delay with which the cyclical recovery of the Spanish economy affects their budgets compared with other public authorities “.
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