The Social Security debt soared 16% last year and is already at 99,000 million

• Data from the Bank of Spain Public debt remains out of control: it rebounded more than 81,000 million in 2021 and marked a new historical maximum of 1,428 billion

Almost 100,000 million.

Specifically, 99,185

.

It is the remarkable figure to which the debt already accumulated by Social Security rises.

This was evidenced yesterday by the Bank of Spain, which published the closing data for 2021 and with which it also showed that the increase during the past year was 16%.

The continuous loans from the State to the General Treasury of the Social Security and, in general, the pressure to which

, have given rise to this complicated situation, which , however, does not seem to worry the Government.

Or, at least, there is no statement about it.

In fact, yesterday, after the BdE made public the debt data of all the Administrations, what the Ministry of Economic Affairs did was to positively assess the figures.

«The debt of the Public Administrations was reduced to 118.7% of the Gross Domestic Product in 2021, improving the objective set in the Budget Plan», Nadia Calviño pointed out from the department.

"The GDP debt ratio was reduced by 1.3 percentage points, beginning in 2021 the path of reduction planned by the Government," he added, later underlining "

, especially in the second half of the year."

Nothing was said, therefore, of those almost 100,000 million that Social Security accumulates, nor that the liabilities of the Administrations as a whole are also at record highs: it reaches

.

In this way, Spain's debt maintains a growing trend that dates back to 2007. Since that distant year, all years have closed with an increase in absolute terms.

And the crisis derived from the coronavirus has only exacerbated this situation.

So much so that

euros.

The fact that Spain and all the European countries increased their debt was a process endorsed by the European authorities themselves.

It was necessary, they estimated in Europe, to face the galloping crisis.

The problem, in the specific Spanish case, is that the figures from which they started were already very high.

And that is why the ability to react was less and the figures that the Spanish economy now accumulates are more alarming.

In this context, and so that Spain does not again have that less margin of action in the face of future crises,

.

The Bank of Spain, the Independent Authority for Fiscal Responsibility (AIReF) and the International Monetary Fund (IMF), which this week again influenced this point.

The Executive, however, does not plan additional measures or a specific plan to contain the debt.

The growth of the economy and the good performance of tax revenues, they expect in Economy, will cause the figures to go down.

But that is not what all the targeted organizations are asking for,

.

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International Monetary FundThe Government ignores the IMF and entrusts the reduction of public debt to the increase in tax revenue

Data from the Bank of Spain Public debt remains out of control: it rebounded more than 81,000 million in 2021 and marked a new historical maximum of 1,428 billion

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