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MADRID, 6 Oct. (EUROPA PRESS) -
Pensions, unemployment benefits and the payment of interest on the debt account for 53.40% of the total expenditure contemplated in the General State Budgets (PGE) for 2023, according to the project sent this Wednesday by the Ministry of Treasury to the Congress of Deputies.
These three items add up to a total of 243,240 million euros, which is equivalent to 53.4% of the 455,978 million euros of budgeted expenses.
The largest expenditure of the budget will be that of pensions, which will concentrate 190,687 million euros, 11.4% more with respect to the liquidation advance of this year, as well as 41.8% of the total expenditure. Spending on this item has doubled in 15 years.
The PGE for 2023 incorporate increases for contributory pensions and for minimum and non-contributory pensions, which will benefit a total of 10 million pensioners. For all of them, a rise of around 8.5% is expected, after the revaluation with the CPI (for the twelve months prior to December 2022) in accordance with the Budget project.
For its part, the unemployment item has an allocation of 21,278 million euros, 5.3% less due to the improvement in employment and the reduction in unemployment. This represents 4.7% of total spending.
As for public debt, the item linked to its cost amounts to 31,275 million, 3.6% more, due to the expected increase in interest rates. The cost of debt has a weight of 6.9% of total spending.
The figure is almost double the interest on the debt in 2008 (15,265 million), when public debt did not represent more than 34.3% of GDP and now exceeds 116% of national wealth.
By distribution of large spending areas, 58.5% of the Budgets correspond to social spending (11% more than in 2022), 27.6% to actions of a general nature, 7.9% to actions of a economic and 6% to basic public services.
Among the items allocated to the area of social spending, in addition to pension policies, those related to social services and social promotion stand out, whose endowment increased by 17.7%; access to housing and building development (5.4%); education and culture. In this last area, it is worth highlighting an increase in scholarships of 400 million.
Within the chapter on the production of preferential public goods, which concentrates an item of 11,188 million, 12.7% more and 2.5% of the total spending policies, it is worth highlighting the 5,511 million allocated to health, a 4.5% more, 4,164 million to education (21.8% more) and 1,513 million to culture, 22.6% more.
As for basic public services, which have an endowment of 27,395 million euros, 13.5% more and 6% of the total, the 12,306 million allocated to Defense policies stand out, with an increase of 26%. , to represent 2.7% of the total.
