José Luis Escrivá leaves pensions to pilot the digital transformation | Economy | EUROtoday

Until now, the Minister of Inclusion, Social Security and Migration, José Luis Escrivá, has been talked about till the final minute as one of many doable replacements for Nadia Calviño on the head of the Ministry of Economic Affairs, however, lastly, he has solely remained, for now, with the least essential a part of the latter division and can assume a newly created portfolio: Digital Transformation. Although, with this motion, Escrivá is positioned as one of many candidates with probably the most choices to compete for the Ministry of Economy within the occasion that Calviño completely leaves for the EIB, one thing that may foreseeably be recognized on December 8.

It has been exactly on the networks and, particularly, on The Twitter minister will depart the administration of greater than 200,000 million in social spending, primarily in pensions, for a way more modest price range, since he’ll essentially handle the funds of the Recovery, Transformation and Resilience Plan financed with the Next Generation EU European funds, which In its first section they signify round 20,000 million euros.

Escrivá got here to workplace as one of the vital technocratic ministers and endorsed by his earlier place: he was the primary president of the Independent Authority for Fiscal Responsibility (AIReF). From that perspective, he offered himself from the start as an economist who cherished information on which to base all his insurance policies. With this premise he has carried out a reform of the pension system in two phases, which has not been with out controversy, exactly as a result of it suffers, in line with his detractors, from what he most boasted about: basis within the figures and financial projections.

The first a part of this reform had the endorsement of employers, unions and Parliament, essentially as a result of it included the revaluation of pensions in line with the typical CPI of the earlier 12 months, and since Escrivá juggled in order that Brussels accepted an extension of the calculation interval of pensions decrease than what he himself bought to the Commission within the first place. This level that the previous Minister of Social Security at all times denied regardless of the documentary proof of the measure offered in Europe. However, the second a part of stated reform—which centered on growing Social Security revenue—has raised every kind of criticism, particularly from employers, for putting your entire weight of those new revenue on the enterprise aspect and never doing ( nor foresee) any sort of spending adjustment that may nearly definitely exceed 15% of GDP on common till mid-century.

Creation of the IMV

Precisely, the introduction on this second section of this reform of an analysis mechanism by AIReF beginning in 2025 to find out whether or not some sort of spending minimize will probably be essential later has been one of many points that it has been most criticized for. thought of that it was a kick ahead, eliminating doable unpopular options.

Another of Escrivá’s efforts has been to depart a mark within the subject of inclusion for which he created the Minimum Vital Income (IMV), an revenue that’s lastly changing the minimal insertion revenue of the autonomous communities as an alternative of coexisting with them. . Something that, as an alternative of accelerating spending on social inclusion, is transferring it to the State. This is help that could be very sophisticated to handle on the state stage as a result of it strikes away from the territory of its beneficiaries, so it’s reaching fewer residents than those that may benefit from it. It is that this circumstance, warned by AIReF, that led Escrivá to confront head-on and publicly with the present president of the group, Cristina Herrero.

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