The president of the Spanish government has announced new anti-crisis measures amounting to 9 billion euros to keep the CPI at 3.5 points.
Euskaraz irakurri: Sanchezek garraio abonuen prezioa jaitsi eta 200 euroko txekea emango die errenta txikienei
The President of the Government of Spain, Pedro Sanchezhas announced a new package of measures until the end of this year to cope with the rise in inflation caused by the war in Ukraine, which will cost 9 billion, and will rise to 15 billion if the measures in place so far are added and are expected to help the index of the consumer prices (CPI) to contain until the end of the year in 3.5 points
At a press conference after the Extraordinary Council of Ministers, Sánchez explained that this new package of measures represents an “extraordinary effort” from a budgetary point of view, more than 9,000 million, broken down into 5,500 million spending to protect families and businesses and 3.5 billion in tax cuts. In this way, until December 31, almost 15,000 million euros will have been invested in protecting families and businesses, more than one point of Spain’s GDP.
Among the new measures announced by Sánchez, and to encourage the use of public transportthere is a discount from 1 September 50% of the price of everything monthly subscriptions and any type of subscription from state transport companiessuch as Renfe, and 30% for modes of transport dependent on municipalities and autonomous communities, a discount that can be extended to 50% with own resources.
It has also announced a 15% increase in the old age and disability pension non-contributory, which amounts to an increase of 60 euros per month (360 euros between now and the end of the year), a direct help of 200 euros for self-employed persons with a low income and the unemployed who can be applied for from July or the limitation of the maximum price of butanewhich is in effect until December 31.
i know too lowers the VAT on the electricity bill from 10% to 5% and the rest of the measures related to electricity are maintained, such as the extension of the social bond discount, the suspension of the tax on the value of production and the reduction to a minimum of the electricity tax.
In the field of fuels, the discount of 20 cents on the liter of fuel will also be maintained until the end of the year.
To strengthen the protection of the most vulnerable groups, maintaining Minimum Vital Income supportthe ban on suspending the energy supply, the ceiling for rent increases and that the increase in energy costs cannot be a reason for dismissal at companies that depend on the tax authorities.
For a bit, extended until September the deferral of social security contributions, direct aid to gas-intensive industry is approved, drought aid is extended and aid to those affected by the eruption of the Cumbre Vieja volcano is increased.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
