General Information
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Description and Structure
The annual Budget of the Autonomous Community of the Basque Country fixes a maximum expenditure limit and makes an estimate of the amount of revenue to be collected during the financial year, it also fixes a maximum limit for the allocation of guarantees and for the amount of debt in which the Government may incur.
The annual Budget comes into effect by means of a law passed by the Basque Parliament.
The annuel Budget of the Autonomous Community of the Basque Country are integrated of the corresponding for each of the entities making up the Public Sector of the Autonomous Community of the Basque Country:
  a) The Budget of the Administrattion of the Autonomous Community.
  b) The Budgets of the Autonomous Agencies.
  c) The Budgets of Publics Corporations subject to company law.
  d) The Budgets of Public Limited Companies.
  e) The Budgets of Public Sector Foundations of the Autonomous Community.
  f) The Budgets of Public Sector Consortiums of the Autonomous Community.
The General Administration, Autonomous Agencies and Public Sector Consortiums Budgets contain an explanation of the current state of expendidure and revenue. These Budgets are classified as follows:
  •  According to Functions and Programmes outlining the objetives of Government expenditure. 
  •  Organizational i.e. which Agencies receive funds to spend.
  •  Economic i.e. what funds are spent on.
The financial activities of all Public Corporations subjet to Company Law, Public Limited Companies and Public Sector Foundatios are set out in the Exploitation and Capital Budgets to which an explanation of future commitments has been added.
There is also a memorandum and a Financial Forecast which includes: a balance for the end of the financial year, Profit and Loss account cash flow statement.
The annual Budgets of the Autonomous Community of the Basque Country   2021
Last update: February 11, 2021
Economy and Treasury Department