Treasury approves new financing backed by Catalonia and the Canary Islands but with 87% of communities rejecting it
The Fiscal and Financial Policy Council approved this Friday the proposal to reform the regional financing model that would provide 21 billion more in resources to fund public services in the common regime communities. In the final vote, the Ministry of Finance received support from the councillors of Catalonia and the Canary Islands. It should be remembered that the framework of the reform is based on the investiture pact of the PSC with ERC to invest Salvador Illa as president of the Generalitat. All the PP communities voted against it, precisely using that argument, that it is a measure previously agreed with an independentist party and, therefore, lacks consensus. Castilla-La Mancha and Asturias, governed by the PSOE, also voted against it. 87% of the autonomous communities oppose the Government’s proposal.