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Xunta Sets Record 2027 Spending Ceiling Above €15 Billion

The move signals a shift from one‑off EU recovery money to regular regional funding and starts the parliamentary process to draft next year’s budgets

Overview

  • The Xunta approved a non‑financial spending ceiling of €15,022 million on Monday, a 5.5% increase over 2026 that formally allows officials to begin preparing the 2027 budgets.
  • Regional leaders say ordinary domestic revenues will replace expiring Next Generation EU pandemic funds so planned spending can rise without those one‑off injections.
  • The government included conservative macroeconomic estimates that project roughly 2.1% GDP growth and a fall in the unemployment rate to about 7.7% for 2027.
  • Officials aim to have draft budgets ready by October and will send the ceiling to the Parlamento de Galicia this week for debate as they pursue a further fall in net debt.
  • The spending ceiling limits money for services and public works but excludes debt service, and the Xunta has flagged priorities such as protecting public services, housing policy and Xacobeo 2027 while critics say the plan lacks ambition.