In economic policy, it is as important as deciding to explain where you are going and why. This is why general state budgets are more than just an accounting instrument: they constitute the formal expression of a strategy, a roadmap that defines priorities, allocates resources and establishes commitments to society. Governing without them is not just governing in a minority; In a certain sense, he does not govern at all. Spain will start 2026 without new public accounts for the third year in a row. This is not a deliberate decision by the Executive, but rather a constitutional consequence: according to article 134.4, if the new budgets are not approved before January 1, those of the previous year are automatically extended. In this case,… See more
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