When Jaume Matas won the elections in 2003, the debt was 868 million euros, of which 490 million euros corresponded to the period of the coalition government. But by the end of this year, according to a report drawn up by the government itself, the debt will be in the region of 1'000 million euros. If the central ministry of public works had paid the amounts due under the roads agreement, the government would have had an additional 460 million euros, a situation which has led to fierce debate between the Balearic government and the opposition. During the recent budget debate, Balearic finance minister Lluis Ramis de Ayreflor claimed that the economic situation of the Balearics was moderately good. And when criticised by the opposition for the enormous increase in debt, he replied, if the debt is scandalous, it is due to lack of State investment. According to the opposition, the Balearic government debt is 1'400 million euros, although Ramis de Ayreflor puts it at 993 million euros.
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