Government spending in Malaga
2001. 366 million euros
2002. 770 million euros
2003. 884 million euros
2004. 541 million euros
2005. 744 million euros
2006. 900 million euros
2007. 990 million euros
2008. 1.2 billion euros
2009. 1.1 billion euros
2010. 1.06 billion euros
2011. 761 million euros
2012. 376 million euros
2013. 289 million euros
2014. 188.5 million euros
Treasury Minister Cristóbal Montoro delivered the State government’s budget for 2014 last week revealing little good news for Malaga.
The total state investment for the province will be 188.5 million euros, nearly 100 million less than this year’s spending and a world away from the boom investment years of the last decade, when projects such as the outer ring road, San Pedro tunnel, AVE line, motorways and second airport runway were under way.
Of the 188 million euros to be spent next year, 86 have been designated for the railway development firm Adif who will use the majority (82 million) for the Bobadilla-Granada high speed line. No funds have been reserved for the high speed rail test ring in Antequera.
Aena will receive 37.7 million euros for the airport and the water authority gets 13.3 million, much of which will go towards the treatment plant at El Peñón de Cuervos.
As far as road infrastructure is concerned, 4.8 million euros has been set aside to complete the south airport access road and 6.6 million for road maintenance.
Austerity continues amid promises of recovery
The General State Budget for 2014 has been described by Minister Montoro as a project for “economic recovery” designed to “pave the way back towards growth and job creation”.
Nevertheless the figures show that the government has done little to stimulate the economy and maintains its crusade to cut spending and reduce the deficit. In fact, whether the economy picks up at all will depend on the private sector.
More than half of the State spending in 2014 will go towards paying pensions, unemployment benefit and public debt: 193.8 billion euros of a total of 314 billion.
Next year Spanish pensions will go up not more than 0.25 per cent, the minimum established in the revaluation index bill currently going through parliament.
Meanwhile civil servants will see their salaries frozen for another year in 2014.