Fedea proposes the creation of a new fund with an endowment of more than 3,000 million euros to compensate the autonomous communities that lose with the current financing model. The beneficiaries are Andalusia, Valencia, Murcia and Castilla La Mancha. This compensatory fund would only exist until a new financing model was agreed upon in which the differences would be corrected.
The proposal is part of the report on regional and local financing, prepared by the director of Fedea Ángel de la Fuente. With these resources, the four communities that receive the least resources per inhabitant would be placed in the Spanish average. The most beneficiary is Andalusia with 1,409 million, followed by Valencia with 1,148 million and Murcia with 405 million. Castilla La Mancha would receive 315 million. The cost is 3,277 million, although Fedea warns that if 90% of the differences are eliminated, the cost would be 2,950 million.
Another of Fedea’s proposals is to “adapt the regional regime to the current reality of the autonomous system.” The objective is for Navarra and the Basque Country to have “effective participation” in the “mechanisms of leveling or interterritorial solidarity.”
The compensation fund for losing communities would be added to the other three funds existing in the system: one to compensate the richest communities, another for the poor and another so that no one loses.
The Fedea report is against “an a la carte financing system, negotiated bilaterally with some communities, which artificially limits their contribution to regional redistribution and the financing of common State expenses.” In Fedea’s opinion “it would deprive the State of the necessary resources to effectively exercise its essential functions, including that of guaranteeing social and territorial cohesion.” The Generalitat of Catalonia is precisely trying to get the Government to accept a unique model for Catalonia.
