Overview
- Galicia’s finance chief recalculated the draft model using 2023 closed tax data and estimates an increase of €180 million, far below the €587 million announced by the Ministry of Finance.
- The regional government argues only €16 billion of the headline €21 billion national boost represents new resources, with the rest reflecting taxes reclassified into the common financing basket.
- Using the central government’s 2027 projections would lift Galicia’s gain to about €400 million, but the region still warns it would fall below the national per‑capita average and near the bottom by 2027.
- The Xunta will file formal objections to the draft at the upcoming Council of Fiscal and Financial Policy meeting, citing insufficient weight for dispersion and population ageing.
- Finance Minister María Jesús Montero defends the proposal as increasing resources for all territories and urges regions to channel the funds into public services, after the rollout that began with an agreement with Catalonia.