Balearic debt may perform operations in 2011 will have to comply with the compliance deficit of 1.3%.
The Minister of Economy and Finance, Carles Manera, has ensured that the community will have borrowing capacity in 2011 will have to "adjust" to achieving the target budget deficit of 1.3% of regional GDP, as has been set central government. Also, the discretion would be used to "encourage investment and keep the" productive investment "as one of the key elements of the, fallen earth buy chips, economic policy of the Government.
On the other hand, has advanced in 2011 Balearic undertakes to inform "monthly" data on-budget execution of all conselleria, the Ib-Salut and tax-community, with the goal of "a budget year extension "there" as much information as possible "for economic and financial markets.
Way has said so, after participating in, buy gaia gold, the Council of Fiscal and Financial Policy (CPFF), which has focused on the analysis of budgetary stability objectives and analysis of better measures of transparency in the execution of budgets, who has stressed that the archipelago is one of the autonomies that meet the budgetary stability objectives marked in 2010.
In this regard, the Minister of Economy and Finance has indicated that the islands, buying eve isk, were adjusted in 2010 to 2.4% figure deficit marked by the central executive and, therefore, "needs no additional measures" to meet objectives budgetary stability "due to budgetary stringency" of the Government in this year and will remain with the budgets carried forward.
In fact, the Ministry of Economy and Finance detailed in his report on the implementation of budgetary stability objective Baleares, along with another group of autonomies, may be empowered to make new debt operations for the coming year.
Madrid sees no problem in extending budget
On the other hand, Way has had the opportunity to take advantage of his visit to Madrid to consult the Central Executive on its vision of extending the budget to undertake the islands in 2011, whereupon he had been advised that the only thing that is requested to communities is compliance of 1.3% of the deficit next year, which it dnded as "affects an extended scene as a new budget." "In this respect there is no difference," he added.
In addition, the Minister explained that the islands were in line with that band and was planned as a significant drop in equity. Balearic also pointed out that with the state's investments (about 450 million euros) which, together with the games own extended (about 440 million), represent a "good news" for entrepreneurs and economic agents because they will help "stimulate economy.
On the decision to offer the monthly budget execution data, Way has said that it's a message "sharp and clear" to the markets to have "the trust that is so necessary" in the current economic hard times.
The Government exercises its responsibility to extend the public accounts
As for the political negotiations on the Autonomy of 2011 budget, the Minister has remarked that "very difficult" once they reach Mallorquina and PP rejected Uniofiscal policy "progressive" posed by the Govern. "On this there can be no more discussion," he emphasized.
Also, Way has insisted that the budget is an instrument extending "absolutely legal" and "do not have any legal problems." In this regard, he pointed out that the situation in the Parliament shows that the Govern is in the minority, something that has "never denied", but insisted, in turn, that the regional government has the responsibility "to the social partners and economical to continue running the economic policy.