The Fiscal Policy Council met today to vote on the new regional financing model proposed by the Government, which had been expired for 12 years. The Community of Madrid did not participate in the meeting, after Isabel Díaz Ayuso's call to boycott the encounter, but ended up being alone in this position, since all other Treasury councilors from all communities attended.
The new financing model was approved with votes in favor from the Government, Catalonia and the Canary Islands. The remaining communities, including those governed by socialist parties, voted against the proposal, but the reform still went ahead.
The plan provides for the injection of 21,000 million euros to the autonomous communities from 2027, seeking to resolve the financing problems that had affected the Spanish regions for more than a decade.
