Madrid Approves Record €32.9bn Budget for 2027

The Community of Madrid increases spending by 7.3%, prioritising health, education, and transport infrastructure in its 2027 fiscal plan.

The has approved a spending ceiling of 32,911 million euros for the 2027 budget, marking a 7.3% increase over 2026. Education and Health departments will receive a combined 19,918.8 million euros, with growth of 11.2% and 10.6% respectively.

Investment reaches 1,942 million euros, including 705 million for transport works like the tunnel and metro. Funding covers the , 2,700 social homes, and tax cuts for under-40s, alongside 577.1 million for digitalization.

Public services are bolstered by 70,000 care places and 16.6 million euros in scholarships. Environmental protection receives 84.3 million euros, while the Culture budget rises 10.2% to 314.3 million, funding the centenary of the events.


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