The Minister of Economy, Carlos Cuerpo, has praised the good management of economic policy by the government in recent years. He highlighted the positive macroeconomic data, such as strong economic growth and lower than expected inflation of 1.5% in September. Cuerpo emphasized that this positive evolution is essential for the well-being of citizens, as it has led to an increase in purchasing power above that of other European countries. The minister also noted the importance of sustainable tourism and diversification in order to maintain economic growth throughout the year.
Cuerpo discussed the ongoing negotiations for the approval of the national budget, emphasizing the importance of reaching a majority agreement. He also highlighted the challenging but necessary negotiations regarding the regional financing system. The minister emphasized the importance of equity in the provision of public services managed by the autonomous communities, stating that this would be the central focus of the details in the new financing system. Cuerpo explained that the initial stages of negotiations require caution in order to reach a balanced agreement that benefits all regions.
The minister acknowledged the tourism sector as a key contributor to economic growth, but also emphasized the need for diversification in terms of both geographical locations and seasonality. Cuerpo stressed the importance of sustainable tourism practices in order to maintain long-term growth and economic stability. In addition to tourism, the minister pointed out other factors that have contributed to Spain’s positive economic performance, including prudent fiscal policies and structural reforms that have boosted productivity.
Cuerpo highlighted that the positive economic indicators are gradually being reflected in the daily lives of citizens, with improvements in purchasing power and job creation. He expressed optimism about the future, stating that the government is committed to continuing policies that support economic growth and prosperity for all citizens. The minister also underscored the importance of reaching agreements on key issues such as the national budget and regional financing system in order to ensure sustainable economic development and equitable distribution of resources.
In conclusion, the minister’s remarks reflect a positive outlook on Spain’s economic performance and the government’s commitment to continued growth and prosperity. Cuerpo emphasized the importance of sustainable tourism practices, diversification, and equitable distribution of resources through the regional financing system. The ongoing negotiations for the approval of the national budget and the regional financing system are seen as crucial steps towards achieving economic stability and ensuring the well-being of all citizens. Overall, the minister’s comments underscore the government’s efforts to promote economic growth and improve the quality of life for all Spaniards.
