Episode Details

Andorra is locking in ambitious fiscal targets for 2027, setting a spending cap of €834.8 million and aiming for public debt at 28.1% of GDP — a bold move to ensure long-term financial stability under their “golden rule.” The increase, over 10% higher than current levels, reflects planned investments and a proactive budgeting strategy focused on real growth. These central government targets exclude local communes, and direct tax contributions are notably absent from the plan — a shift from past practices. By approving these goals early, Andorra is demonstrating strategic foresight and control over its economic future.

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