The Business Union of the Province of Alicante (UEPAL) regrets the decision of the Government of Spain not to approve the General Budgets corresponding to 2024, and to extend the accounts “so negative for Alicante that we have dragged on since 2023, where our territory was punished with investments minimums that did not solve the structural problems of the province,” according to its president, César Quintanilla.

The diagnosis of the person in charge of the business entity of the province is that there are “serious risks for the development of the economy in view of the political and budget paralysis of the Government of Spain, which hinders our future in the province and produces poverty.”

From his point of view, “the debate and political agenda of recent months has nothing to do with the real problems of the economy, measures and structural modifications are not being taken to anticipate a possible recession, applying a triumphalist vision and short-termist.” Meanwhile, basic infrastructure for the development of sectors such as tourism, industry or agri-food “remain pending and supported by promises, without any financial support.”

Quintanilla maintains that the situation suffered by Alicante, the fourth province in terms of its contribution to GDP in Spain and the last in investments, endangers many initiatives that try to boost the business fabric to the level of competitiveness and innovation necessary to face the remains. of the global economy.

He assures that “what we need is a Government that governs thinking about the territories, the people and the ability to generate an ecosystem capable of helping to create jobs and wealth. An extension of the 2023 budgets and the wait until 2025 are one more punishment for our province and our collective and individual efforts of the business community.”

The president of UEPAL demanded “immediately and urgently that the Executive stop wasting time on other useless tasks for the economic and social development of our country, and focus on looking for alternatives to the strategic investments that the province of Alicante needs” .

Along the same lines, the president of the Institute of Economic Studies of Alicante (INECA), Nacho Amirola, describes as “irresponsible” the extension of the 2023 General State Budgets for this year. “This situation will relegate our province, for yet another year, to the last position in investments, so necessary to boost the competitiveness and productivity of Alicante.”

To compensate for this foreseeable damage, the president of INECA hopes “that the Government develops extraordinary investment policies in 2024 that mitigate the constant investment deficit that the province of Alicante suffers.”