The

Valencian Community will be, with a notable difference, the region with the greatest deficit

at the end of this year.

The region governed by the socialist Ximo Puig will close the year with a budget deviation of 1.5% of GDP, which also means being close to tripling the reference rate of 0.6%.

This is clear from

the Fiscal and Financial Observatory of the CCAA

that Fedea has published today, in full debate and parallel meetings to try to agree on a new regional financing, and that has been prepared, among others, by José Ignacio Conde-Ruiz and Carmen Marín, who thus explains the figures to this newspaper. "Last year's data was bad enough, with a first half of the year in surplus but a very bad data in the second half. And this year, in the first six months the data was 0%, and we hope that the second semester is equally negative ", explains this doctor in Economics and analyst of the Foundation for Applied Economics Studies.

The document does not go into assessing what are the reasons for these bad data that are also visible in the

Region of Murcia, whose expected deficit is 1%

.

On the other hand, the one who has done so is the Valencian Community Finance Minister, who has not shown a single doubt that this figure is due solely to the under-financing that in his opinion the region suffers and that he denounces whenever he has the opportunity.

"It is not new, since it is caused by

the under-financing that we suffer

. In fact, after the Valencian Community the next autonomy with the greatest deficit is Murcia (1%). Logically, the two autonomies with the worst financing," explained Vicent Soler .

"The Mediterranean arc has historically been under-financed and, furthermore, it continues to lack the infrastructures and resources necessary to continue growing and developing, such as the Mediterranean corridor. The figures show this inequality that cannot continue to be perpetuated and even less so in an era of post-pandemic recovery like the current one, "he added.

Precisely alleging these reasons, the Valencian Community and the Murcia Region

have held a bilateral meeting today

"to put forward a joint proposal to reform the financing model."

They have not participated, therefore, in the one organized by the president of the Xunta, Alberto Núñez Feijoo, and to which eight regions of different political signs have attended: Aragón, Castilla y León, Castilla-La Mancha, Extremadura, La Rioja, Cantabria and Asturias.

The reason, the first point out, is that they have not been invited, but there is also a significant difference between them in terms of the model that should govern the new regional financing.

Navarra, in the lead

On the other hand, that is, among the regions with a better situation of budgetary stability,

Navarra

stands out especially

: according to Fedea's estimate, it will end the year with a significant surplus of 2%, a situation that is directly linked to the greater resources of those that the foral communities enjoy.

However, it is striking that, despite enjoying the same regional privileges,

the Basque Country

is not in such a favorable situation.

It will suffer a deficit of 0.1%, a figure obviously worse than that of Navarra but also than the surplus of 0.1% that

Madrid

and

Cantabria will

register

, or 0.9% and 0.7% that the

Canary Islands

and

Asturias will show

, respectively.

And in global terms, Fedea's work estimates that the joint deficit of the communities will be -0.1%, a figure significantly better than the one estimated by the Government.

However, those responsible for the report warn that "

regional finances are not under control

."

The good data, they point out, "is due to the fact that the communities have received extraordinary income from the Covid and also from the extraordinary collection" obtained thanks to the taxes transferred after the year of the pandemic.

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