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    <title><![CDATA[Ara in English - financial facility]]></title>
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    <description><![CDATA[Ara in English - financial facility]]></description>
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    <ttl>10</ttl>
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      <title><![CDATA[Catalonia continues to receive a third of state funds to pay bills and debts.]]></title>
      <link><![CDATA[https://en.ara.cat/economy/catalonia-continues-to-receive-third-of-state-funds-to-pay-bills-and-debts_1_5610701.html]]></link>
      <description><![CDATA[<p><img src="https://static1.ara.cat/clip/40b4b423-c349-4da0-a4c0-a72055aa5851_16-9-aspect-ratio_default_0_x3162y1169.jpg" /></p><p>Catalonia continues to receive a third of all the funds the central government has allocated to the autonomous communities since 2012 through extraordinary mechanisms such as the Regional Liquidity Fund (FLA). According to data from the Ministry of Finance, from that year until the allocation for the first quarter of 2026, the total amount for Catalonia, through various extraordinary instruments, has reached €160,722.3 million. This represents 32.8% of the more than €488 billion allocated to the territories under the common regime, which are used to cover the deficit and pay outstanding bills and debts. However, the ranking changes when the estimate is calculated in euros per capita. In this case, the Valencian Community leads the way, with €22,461 per person, given the increase in resources received by this autonomous community to mitigate the effects of the October 2024 storm, compared to €19,676.4 in Catalonia. Two issues currently on the table, agreed upon between the Spanish government and the ERC (Republican Left of Catalonia), directly affect regional finances, despite the polarization and difficulties in securing parliamentary support. One is the forgiveness of approximately €17 billion of Catalonia's FLA (Regional Liquidity Fund) debt, out of a total of more than €83 billion for all the autonomous communities, representing around 24% of the current regional debt. This was approved by the Council of Ministers and is pending ratification by the Congress of Deputies. The other essential element is the new financing model, which faces the challenge of providing specific provisions for Catalonia, but also for the other regions. The upcoming meeting scheduled for this Thursday between the Spanish Prime Minister, Pedro Sánchez, and the leader of Esquerra Republicana, Oriol Junqueras, must implement it and address issues such as maintaining the principle of ordinality; that is, ensuring that once resources are contributed to the common fund, Catalonia does not fall too far behind other territories. According to the settlements of the current financing model, which expired in 2014, Catalonia is the third largest contributor to the system, behind Madrid and the Balearic Islands, but it falls to tenth place when the distribution is based on state spending and investment, and drops even further when the price differential is taken into account.</p>]]></description>
      <dc:creator><![CDATA[Agustí Sala]]></dc:creator>
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      <pubDate><![CDATA[Wed, 07 Jan 2026 06:01:17 +0000]]></pubDate>
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      <media:title><![CDATA[Facade of the Palace of the Generalitat]]></media:title>
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      <subtitle><![CDATA[Since 2012 it has received 160.722 billion out of a total of 488 billion from the instruments for the liquidity of the autonomous communities]]></subtitle>
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