Rodríguez Badal highlighted that the execution figures of funds, as well as the historical record of more than 4,000 M€ of regional funding for 2025, “corroborate the commitment of the Executive with Balears and its commitment to investments in vital matters, such as water purification, renewable energies and mobility”
The Spanish Government has already invested around €1,500 million in the Balears Recovery Plan
15/01/2025
The Spanish Government has already invested around €1,500 million in the Balears Recovery Plan
Balears has received 1,472 million euros from the Recovery, Transformation and Resilience Plan (PRTR), for the development of reforms and investments that will benefit some 21,011 beneficiaries in the islands, according to the latest calculations made by the Government of Spain. Until last December, some 1,059 M€ had been allocated to the archipelago through grants and at the different sectoral conferences. Another 422 M€ correspond to calls and tenders from the General State Administration (AGE).
On the other hand, the Multiannual Financial Framework 2021-2027 - with which the EU plans the financing of programs and actions - provides for Balears 8.1% more cohesion funds than in the previous period, in total 485 M€.
Historical funding
In 2025 Balears will receive the highest amount in terms of deliveries according to its history, with 2,986 M€, 7.8% more than in 2024. In total, and adding to this figure the liquidation of 2023, the Autonomous Community will have during the current financial year 4,005 M€ of autonomous funding, which the Government allocates to strengthen public services and promote strategic projects for the islands.
The delegate of the Government, Alfonso Rodríguez Badal, stressed that these data “corroborate the commitment of the Executive with Balears, with its financing and with the commitment to investments in vital matters for its inhabitants, such as water purification, renewable energies and mobility”.
Thus, Rodríguez Badal pointed out that the Government “promotes the sustainable growth of the islands, through the promotion of initiatives such as the 33 M€ for the purchase of electric buses, investment in the cycling network and pedestrianisation, and the 21 M€ for the expansion of the Palma metro”. He also highlighted the 15 renewable energy projects carried out by the Central Executive in the archipelago, with a budget of 28 M€, or the 96 M€ for the expansion of the Palma treatment plant.
On the other hand, in terms of social policies, the Government participates in the provision of high-technology equipment in 5 hospitals in Balears, with a budget of 22 M€; in the financing of public facilities for the adaptation of the new model of long-term care, with 14.7 M€, and in the Digital Transformation Plan of Primary Care, with 7.9 M€, among other projects promoted in the Autonomous Community.