The Government has launched the work to prepare the Generalitat's budget for 2027. As anticipated by the Minister of Economy, Alícia Romero, in an interview with ARA, the Catalan administration has given the starting signal to have accounts for the next fiscal year. The Catalan executive has agreed to set the non-financial, non-earmarked spending ceiling for the Generalitat for 2027 at 43.191 billion euros, 4.9% more than in the 2026 approved budget. In absolute terms, this represents an increase of 2.021 billion compared to the figures for the current fiscal year.

The political landscape offers little optimism regarding the possibility that the Congress of Deputies can approve the reform of the regional financing model proposed by the Ministry of Finance. The Council of Fiscal and Financial Policy (CPFF) that had been convened on July 29 to debate it had to be canceled due to the refusal of the communities governed by the PP or by the Popular Party and Vox to attend the meeting. Now a meeting has been rescheduled for September 4, but only the Spanish government itself and the Generalitat are in agreement with the proposal. Not even the socialist executive of Asturias is in favor, let alone the government of Castilla-La Mancha led by the critical Emiliano García-Page. In any case, this would not prevent it from moving forward by the Council of Ministers. Another matter is getting enough support for it to pass the examination in the lower house. And even more so, considering the existing polarization, with trench warfare politics and the almost perpetual pre-electoral scenario in which we live.

Last year, the Generalitat once again broke a record for year-on-year spending. This practice, a consequence of budgetary insufficiency, meaning that projected public accounts do not cover all real expenditure, soared in 2025 to 5,295 million euros, 12% more than the previous year and more than a tenth of all non-financial expenditure for the year.

For a few days now, the opposition's offensive has consisted of talking about the existence of a fiscal hell. The PP, which insists on the need to lower taxes, has recently been using the concept frequently. And it is an expression that the president of Foment del Treball, Josep Sánchez Llibre, who will run again for a third term in the elections he has called for May 18, made known during the presentation of the Green Paper on taxation in Catalonia in 2024. He himself considers it "apt" and says it is currently enduring.