The Mazón government closes its first year with a gap of 2.37 billion between income and expenses

The Valencian Government of Carlos Mazón closed its first full year, that of 2024, with a gap between income and expenses of 2,370.64 million euros , according to the Generalitat in a press release after the press conference of the Plenary Session of the Consell.

Just as it is about to present the draft of the regional accounts for 2025 and on the eve of the Fiscal and Financial Policy Council, the Valencian PP Government published the main figures for the liquidation of the last fiscal year, curiously much less detailed than in the case of the liquidation of the last accounts of the Government of Ximo Puig.

The Consell highlights that despite the large figure of this non-financial budget result of -2,370.64 million euros , it represents a reduction compared to the -2,946.40 million euros of the last year of the Botànic , of 19.5% specifically.

This figure will be very close to the deficit for the year , although it is not equivalent to the deficit as such because this settlement does not include the result of the autonomous bodies or the rest of the entities of the public sector of the Generalitat that consolidate with that of the Administration.

The other major figure provided in the budget settlement, the total treasury surplus, once again shows the liquidity difficulties of the Valencian Administration . At the close of December 31, it stood at -3,611.40 million, although with a slight improvement of 2.63% compared to -3,708.89 million euros in 2023.

As explained by the Generalitat, this indicator reflects short-term liquidity, after collecting outstanding rights and meeting outstanding payment obligations.

Despite the change of Government, the Generalitat's 2024 accounts were once again expansive , with both income and expenditure growing. As regards the execution of the income budget, it reached 32,453.05 million euros in 2024, 14% more, compared to 28,292.15 million euros in the previous year.

As regards the execution of the expenditure budget, it grew by another 14.75%, reaching 32,308.71 million euros in 2024, compared to 28,156.46 million euros in 2023.

As regards the financial deviations for the year, those with a positive sign, which adjust the budgetary result downwards, have amounted to 527 million euros, mainly from the remaining credits of the MRR funds (436.87 million), the State Housing Plan (55 million) and other aid from various ministries. On the other hand, the financing deviations with a negative sign, which adjust the budgetary result upwards, have amounted to 425.67 million euros.

Finally, the unaffected treasury balance, which represents the liquidity available to finance new actions , stood at -5,331.42 million euros , improving compared to -5,385.08 million euros in 2023.