European funds do not take off: only 2.5% of what was planned for all of 2022 has been disbursed

Although the first vice president,

, had promised "

" in the deployment of European

funds this year, the truth is that between January and March of this year the Executive has only made

of the total of

that are budgeted for the year.

According to the Budget Execution Statistics published by the General Intervention of the State Administration (

) with data up to March 2022, the Administration has disbursed in

in the first quarter of the year

budgeted for the exercise.

That is the amount that private companies, beneficiaries and, above all, recipient public entities have actually received in the first quarter.

Specifically,

euros have been awarded by the Ministry of Transport, Mobility and Urban Agency -the majority allocated to the

and efficient buildings-,

have been disbursed by the Ministry of Industry, Trade and Tourism -to

towards sustainability with a work plan in destinations-, and

have gone to the Ministry of Agriculture, Fisheries and Food -of which 10 are for the

Other organizations that have received payments from the Next Generation funds have been the

with

for digitization;

the Ministry of Education and Vocational Training, with

- the majority for the innovation and internationalization of

-;

Defense, with

for the National Intelligence Center (

);

Equality,

for the 'Spain protects you against

' plan and Economic Affairs, 1.6 million, for modernization and digitization.

Although initially the budgeted funds amounted to 26,900 million euros, the Executive has modified the budget and now amounts to

for the year as a whole.

If the current rate of disbursements were maintained throughout the year, the volume of money injected into the real economy would be

Despite the fact that the money that has reached the real economy is little, the Administration has

for a value of

euros until March (

of the annual budget), it has

for a value of

euros to specific projects (

of the total) and has recognized

of

euros

The volume of payments, however, is 682 million and IGAE itself admits that the

(net obligations versus total credit)

Lack of transparency

In 2021

, the Government had budgeted total credits charged to the Next Generation funds for a value of

, but

in the year

This means that 13,198 million remained pending distribution.

The authorizations, however, amounted to 22,128 million;

the commitments, to 20,977 million;

and the recognized obligations, to 20,044 million.

Although 11,000 million were disbursed,

, since this volume includes

(mainly autonomous communities).

For this reason, the impact of these funds on the Gross Domestic Product (

) was

according to the Independent Authority for Fiscal Responsibility (

).

The Executive itself has recognized on more than one occasion that it cannot know in real time how the autonomies spend money or at what rate they bid and

, for its part, has asked it several times

"

between all areas of Public Administrations is necessary to make accessible the information required in the framework of the communication from the European Commission dated March 2, 2022. In particular, this information refers to the

in terms of

throughout the horizon of the stability program, which is highly useful when assessing its impact", the authority recommended in its latest report.

In response to the AIReF published this Tuesday, the Treasury argues precisely that the IGAE budget execution statistics comply with the obligation of

to make information on execution available to the Cortes Generales, which includes information on the execution of the Recovery Plan as of March 31, 2022.

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