The Generalitat executes 85.6% of the budgeted investments in 2022

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The Department of Economy headed by Natàlia Mas has highlighted that the Government's execution rate contrasts with that of the central State, which, according to its data, stands at an average of 62.3% in the same period 2015-2021 with respect to the cited 81.6% of the Catalan administration. Central government data for 2022 is not available even though it should have been published at the end of May, according to the Ministry of Finance's calendar. The real investment made by the entire public sector of the Generalitat also represents 17.9% more than the previous year, with the Government's figures still provisional. The initial investment budget, a total of 1,816.9 million, includes the amounts corresponding to the 2022 year, and resources from the European fund are not accounted for.

The Generalitat highlights that the execution of its entire public sector "consolidates the progressive recovery of investments that began after the financial crisis" and almost doubles the amount of five years ago (809.8 million). Regarding Job Function Email Database investment per inhabitant, the execution reaches 199.57 euros per inhabitant, compared to 106.55 euros in 2018. Among the most notable actions of last year are the railway investments in the L-9 (65.8 million), the purchase of rolling stock for the metropolitan lines of Ferrocarrils de la Generalitat (51.3 million), the remodeling of the Hospital Clínic (26.8 million) and the expansion and reform of the Viladecans Hospital (20.3 million). The school equipment plans of the Barcelona Education Consortium and the Department of Education took 28.4 million; the purchase of housing on behalf of the Housing Agency of Catalonia for social uses, another 26.6 million; and the investment associated with the Segarra-Garrigues irrigation, another 23 million, among other items.



The focus is outside the area of ​​economic and trade policy this week, with the big international event being the NATO summit in Vilnius. Of course, the fact that US politicians sound more interested in Ukraine joining the EU than NATO intensifies the debate over how the union can incorporate a corrupt, low-income country that is also globally competitive in agriculture, Europe's most sensitive sector. Today's bulletin is mainly about the great global search for critical minerals, plus a note on the EU's new trade deal with New Zealand and what it tells us about Brexit and the Asia-Pacific. Charted Waters analyzes the sorry state of the Russian currency. Get in touch. Email me at  Calm the commodity shock The global fight for the minerals needed for the ecological transition was always a pretty exciting spectator sport for trading types.