“The remainder consists of debts and is a reserve fund”

The spokesman for the Basque government, Bingen Zupiria, has ensured that the remainder exists due to debt and that it is a reserve fund. In that sense, it has indicated that they can only be used to: deal with a drop in income reduce debt and promote productive investment plansthat’s “what this government is doing”.

Knowing at the usual press conference after the Governing Council last week that the Basque government had a balance of 1,877 million euros to deal with the precarious situation caused by the war in Ukraine and its economic consequences, he recalled that the debt burden made possible by the European Union has “provided a reserve fund” to face the difficult situation we were going through.

In any case, Zupiria has made it clear that these remnants “can only be used to absorb a decline in revenue, reduce debt and promote productive investment plans.” And this is what the Basque government is doing in these months,” said .

The Basque government spokesman explained that there have been no cuts in any case, either in health, education or social policy, “on the contrary,” he said. According to Zupiria, these have increased and thanks to these remnants. “It has also enabled us to directly help many families because of the restrictions that have been put in place to cope with the pandemic,” he said.

Likewise, the spokesperson recalled that special investment plans, including the Berpiztu Plan and the Strategic Investment Plan of the Basque Institutions, were announced last week, and that all this is due to “prudence in the management of resources and expenditure.