Catalonia concentrates 42% of the resources distributed by the State in the Community Financing Fund. They are 5,436.4 million euros of the 13,053.68 distributed between the first and second quarters of this year.
In addition to Catalonia, nine other communities have asked the central government for help to finance themselves since they cannot obtain resources from the markets directly. Therefore, a total of seven communities -among which Madrid is included- renounced the money offered by the State through the two Financing Fund mechanisms: the FLA (Autonomous Liquidity Fund) and the Financial Facility (FF) compartment. ).
In the case of Andalusia, the Board expressed its intention to combine the request for resources from the Financial Facility compartment with financing from the markets.
While the Department of Economy of the Generalitat headed by Natàlia Mas maintains its intention to partially go out to the markets when the State allows it. For this, it is necessary that it comply with a series of macro conditions that it has not yet overcome.
For the second quarter, the Government Delegate Commission for Economic Affairs agreed to allocate a total of 2,424.2 million to the autonomous communities. Of these 2,220.2 million to the Autonomous Liquidity Fund and another 204 million to the Financial Facility compartment.
The communities attached to the other Autonomous Liquidity Fund are Aragon, the Balearic Islands, Cantabria, Castilla-La Mancha, Catalonia, Extremadura, Murcia, La Rioja and the Valencian Community. Andalusia is in the Financial Ease category.
In this way, the initial estimated needs of the Financing Fund for Autonomous Communities for 2023, including the 9.28 million euros requested by Murcia for the React-UE Liquidity Fund compartment, amount to 29,473.92 million euros for all this exercise.
