The Valencian Community will receive 2,790 million euros from the FLA for the first quarter of 2023

The Valencian Community will receive 2,790.

Thomas Osborne
Thomas Osborne
29 November 2022 Tuesday 03:41
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The Valencian Community will receive 2,790 million euros from the FLA for the first quarter of 2023

The Valencian Community will receive 2,790.76 million euros according to the allocation approved last night by the Government Delegate Commission for Economic Affairs (Cdgae), which agreed to allocate a total of 10,620.23 to the ten regions attached to the Financing Fund for Autonomous Communities million euros for the first quarter of 2023. Catalonia (4,749.93 million euros) and the Valencian Community account for more than 70% of the total amount. In the first quarter of 2022 they were a total of 2,781 million euros.

Specifically, 10,416.4 million euros are allocated to the Autonomous Liquidity Fund (FLA) and 203.8 million euros to the Financial Facility (FF) compartment. The other territories will receive: Andalusia will receive 203.84 million euros; Aragon, 810.74 million; Balearic Islands, 488.75; Cantabria, 179.52 million; Castilla-La Mancha, 929.96; Extremadura, 151.78; Region of Murcia, 269.69 and La Rioja, 45.26 million.

The communities attached to the Autonomous Liquidity Fund (FLA) compartment are Aragon, the Balearic Islands, Cantabria, Castilla-La Mancha, Catalonia, Extremadura, Murcia, La Rioja and the Valencian Community. The Valencian company also joined the React-UE Liquidity Fund compartment in 2022.

In addition, the Cdgae agreed to the distribution of 9.28 million euros corresponding to the React-UE Liquidity Fund compartment for 2023, destined for the Region of Murcia, which is the only community that has requested it for the next financial year.