Defiantly defending that it will contribute to economic growth in the city, the vice mayor, delegate of Security and Emergencies, and spokesperson for the Madrid City Council, Inma Sanz, has stated that the municipal government expects to have the approved budget for 2024 by the end of October or the beginning of November, promising balanced accounts.
This was conveyed in a press conference after the Board of Government, in which the vice mayor defended that this budget is going to be "especially important" to implement projects.
Sanz specified that the Budget will be approved by the end of October or the beginning of November, and then the necessary processing will begin, with a period for allegations, group amendments, and their debate in committee and plenary session, with the aim of approving it by the end of December and making it operational on January 1 "despite the uncertainties."
In fact, she once again emphasized that the preparation of the Budget for next year is "conditioned" by decisions of the Spanish Government regarding the spending ceiling or the advances of the General State Budget. "It greatly conditions us," explained Sanz.
"This delay is causing concern in all local administrations," she reported, while also detailing that the spending ceiling is often set at the end of July after the celebration of the Fiscal and Financial Policy Council.
Despite this, Sanz has promised that the Budgets will contribute to economic growth and will not leave behind "the most vulnerable," in addition to considering "important" investments in social matters.
So far, the municipal government has "absolutely no" knowledge of the celebration of the Fiscal and Financial Policy Council. "There has been no communication from the Government," they assured.