Andorra la VellaThe Parliamentary Group social democrat has presented one amendment in full to the Bill of budget for the year 2025. The president of the group, Judith Casaland the general counsel Peter Baron they argued this morning in a press conference that the budget drawn up by the Government has a focus in the short term and lack of “vision of the future“. They have also criticized the tax systemwhich, according to them, penalizes theproductive economy and favors thespeculative.
Casal has proposed the creation of one work table to reform the system fiscal and establish a country model defined With regard to the budget, he highlighted the disproportion between the evolution of the GDP —that one has grown 34% between 2019 and 2025— and the increase in current expense (43%) and of debt (32%).
“Theeconomy grows, but the expense of the Government always grows more”
In addition, he has criticized the distribution of public expenditure: “from each 100 eurosthe Government allocates it 26 to salaries and personnel expenses, 12 to goods and services, 46 to current transfers and only 3 to interest on the debt”. Only the 13% remaining is dedicated to capital transfers and debt amortization, a structure that considers “inadequate and unsustainable”.
In relation to property income, Casal has warned that the dependence on profits fromAndorra Telecom (27 million euros) i FAITH (8.1 million) entails risks and has defended that these gains should be used for reduce rates. Finally, the PS has criticized that the lack of country model prevents correcting the growing unsustainability of the expenditure of theState of well-being: “Theeconomy grows, but the expense of the Government always grows more”.