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last mo.

Spain Delivers Unprecedented €169.6 Billion in Regional Financing for 2026

Decoupling advances from the state budget enabled swift arrears transfers that give regions certainty in drafting their 2026 budgets.

La vicepresidenta primera del Gobierno y ministra de Hacienda, María Jesús Montero, interviene durante los Cursos de Verano de la Universidad. A 17 de julio de 2025, en Málaga.
Miguel Corgos en rueda de prensa tras el Consello da Xunta
La vicepresidenta primera del Gobierno y ministra de Hacienda, Marí­a Jesús Montero.
La consellera de Hacienda, Ruth Merino, dialoga con la ministra Montero en el Consejo de Política Fiscal, en una imagen de archivo.

Overview

  • The Ministry of Finance has notified common-regime regions, Ceuta and Melilla of €156.99 billion in regular advances for 2026, a 6.5 percent increase over 2025.
  • Including €13.51 billion from the 2024 settlement, total financing reaches €169.56 billion, marking a 7.2 percent rise from the current year.
  • A royal decree-law approved in late July detached advance payments from General State Budget approval, unlocking over €21.6 billion in extraordinary transfers within 48 hours.
  • Official letters detailing regional allocations triggered immediate transfers of 2025 arrears and 2023 settlement payouts ahead of upcoming budget drafts.
  • Catalonia, Andalusia, Valencia, Galicia and Castilla y León will benefit most, receiving €32.87 billion, €30.59 billion, €17.31 billion, €11.58 billion and €10.18 billion respectively.