This measure will allow the Community of Madrid to save on interest payments, which will translate into freeing up resources for essential Welfare State services, such as Health and Education.
Nationally, the regulation will enable the State to assume a total of 83.252 million euros in debt from common-regime autonomous communities. This initiative will benefit all territories by reducing their liabilities, generating savings on interest payments, and increasing their financial autonomy.
The methodology used for calculating the forgiveness is based on objective, transparent, and technical criteria, applied uniformly to all communities.
Additionally, the Congress will also vote on the possibility for the Community of Madrid to have a budgetary margin of 1.226 million euros, by being able to incur a deficit of 0.1%.
This spending capacity at the national level totals 5.849 million euros for the Autonomous Communities, establishing the largest historical spending ceiling to strengthen the Welfare State.
