Publications

In this work, homogenized series of regional financing are constructed for the period 2002–2023, together with complementary series on cash-based financing, financing allocated to singular competences, and implicit support embedded in the extraordinary liquidity mechanisms for the Autonomous Communities.

This Working Paper analyzes the settlement payment for 2023 under the common system of autonomous communities financing, recently published by the Ministry of Finance.

The deficit is estimated to have stood at 3.3% of GDP at the end of 2024, and is projected to decline to 2.7% in 2025 and 2.4% in 2026. Compliance with fiscal rules would entail a slightly tighter fiscal stance over the 2025–2026 period.

This Working Paper contains homogenized series of regional funding (constructed on the basis of homogeneous competences and equal fiscal effort) from 2002 to 2022.

This Working Paper analyzes the evolution in regional revenues and expenditures, the sector’s budget balance and its debt stock from 2003 to the present.

The aim of debt forgiveness should be to reduce excessively high financial costs which may jeopardize the solvency of public administrations or the provision of certain services.

This Working Paper analyzes the settlement payment for 2021 under the common system of autonomous communities financing, recently published by the Ministry of Finance.