This is the second year in a row that the left-wing minority government has succeeded in getting a draft budget approved.

The importance of the event is as political as it is economic, because the approval of a budget for 2022 guarantees the government of the socialist Pedro Sánchez to remain in place until the end of the legislature, in 2023, since it can, if necessary, renew this budget next year for an additional year.

The government press release states that between the lower house and the Senate, 15 parties voted for this budget.

The deputies, who approved this finance bill on November 25, simply voted on Tuesday for a small amendment in the amount of 1.6 million euros which had been added last week in the Senate, necessitating a new vote in the Congress of Deputies.

The text was approved by a large majority of 281 votes out of 344, against 62 votes and one abstention, announced Alfredo Rodríguez, the vice-president of the Congress, who replaced the president Meritxell Batet, suffering from the Covid.

In a brief speech, Mr. Sánchez wished for Spain in 2022 "a climate of serenity and agreements" which are "as broad as possible".

In the morning, he chaired the Council of Ministers, which had approved a reform of the labor market negotiated with the employers and the trade unions.

This budget provides for an unprecedented level of expenditure with 240 billion euros, financed to the tune of 26.3 billion by the European mega-recovery plan, of which Madrid is expected to be one of the main beneficiaries with 140 billion out of six year.

Spain received a first payment of 10 billion this year.

- Increase in pensions -

It includes several emblematic measures, such as the revaluation of pensions and salaries of civil servants, which will increase by 2% on January 1, and materializes the promises of the executive to fight against the precariousness of young people.

These measures include a rent subsidy of 250 euros per month for the benefit of people aged 18 to 35 with low incomes and a culture voucher of 400 euros for young people aged 18.

To obtain the essential support of the small independence parties, the government had to accept several counterparts, including a measure obliging audiovisual platforms to ensure at least 6% of their production in regional languages ​​(Basque, Catalan or Galician) or even the commitment to remove tolls on certain highways.

At the request of his partner in government, the radical left-wing Podemos party, the Socialists also agreed to introduce rent controls for large landlords in areas under stress.

This budget, which includes an important social component, aims to help Spain consolidate its economic recovery, threatened by galloping inflation (5.5% in November at an annual rate) and a slower-than-expected recovery in the sector. tourism, on which 13% of jobs in the country depend.

Cala Tadira beach on the Spanish island of Ibiza, August 24, 2021 JAIME REINA AFP / Archives

The Spanish economy, one of the most affected by the Covid-19 pandemic, with a drop in its Gross Domestic Product (GDP) of 10.8% in 2020, is not expected to return to its pre-crisis level before 2023, estimates the European Commission.

The increase in coronavirus cases at the end of the year, with the arrival of the Omicron variant, has prompted several regions to put in place new restrictions that could have a very negative impact on the economic recovery.

The executive also plans to reduce the public deficit to 5% of GDP next year, against 8.4% in 2021. But this very ambitious goal is based on a growth forecast of 7% in 2022 that many economists consider unrealistic .

This is the first time since 2014 that the Spanish Parliament has managed to vote a budget two years in a row.

© 2021 AFP