Spanish Cabinet Set to Approve Update on Fiscal Transfers to Regions and Municipalities
Vice President María Jesús Montero announces imminent decree to revise funding allocations amid economic discussions.
The Spanish Cabinet, led by Vice President and Minister of Finance María Jesús Montero, is scheduled to approve a decree law aimed at updating financial transfers to autonomous communities and municipalities.
This decision, which will be taken during the Council of Ministers meeting, responds to a critical need for fiscal support among local governments.
Montero indicated that the popular party (PP) previously opposed this decree law but later criticized the government for not approving it during the Conference of Presidents.
She expressed hope that there may be a change of stance from the PP, emphasizing the importance of these funds for both PP-led and other administrations.
Furthermore, she underscored the political and economic context, stating that there are ample reasons for the government to complete its legislative agenda as laid out by Prime Minister Pedro Sánchez during his investiture.
Montero claimed that the Spanish economy is performing strongly, citing record employment levels with nearly 22 million individuals in work, and noted recent increases in the minimum wage that have significantly benefited pensioners.
She identified outstanding tasks that require the government's ongoing commitment to ensure continued transformation and progress throughout the current legislative term.
This decision, which will be taken during the Council of Ministers meeting, responds to a critical need for fiscal support among local governments.
Montero indicated that the popular party (PP) previously opposed this decree law but later criticized the government for not approving it during the Conference of Presidents.
She expressed hope that there may be a change of stance from the PP, emphasizing the importance of these funds for both PP-led and other administrations.
Furthermore, she underscored the political and economic context, stating that there are ample reasons for the government to complete its legislative agenda as laid out by Prime Minister Pedro Sánchez during his investiture.
Montero claimed that the Spanish economy is performing strongly, citing record employment levels with nearly 22 million individuals in work, and noted recent increases in the minimum wage that have significantly benefited pensioners.
She identified outstanding tasks that require the government's ongoing commitment to ensure continued transformation and progress throughout the current legislative term.
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