Carlos Alonsoisland spokesperson for the Canary Coalition, values: «Inflation means that we have a richer Cabildo, but, at the same time, a poorer Island because that money is not reinvested» .
Alonso recalls that “in the Canary Islands there are 630,000 people in precarious conditions and almost half are in a situation of severe exclusion.”
The nationalist politician agrees with the Bank of Spain when pointing out that “the purchasing power of households with lower incomes will be more affected by this economic situation.”
The CC-PNC group of the Cabildo estimates that the Island Corporation has collected those 20 million euros more than expected by the IGIC in the first two months of the year and demands that this money be transferred to Tenerife families to alleviate their economy. Alonso explains: «As a consequence of inflation, the Cabildo has collected a lot and it is necessary that this flow reaches the families of Tenerife. What cannot be is that we have a richer Cabildo and a poorer Island».
“Inflation leaves a richer Cabildo but we have a poorer Island for not reinvesting”
Carlos Alonso takes as a basis the IX FOESSA Report on Exclusion and Social Development in the Canary Islands. This document shows “alarming” numbers in the Archipelago, with just over 630,000 people in precarious conditions, of which half – some 300,000 – are severely excluded. The study indicates that one in three Canarians has economic difficulties and that the poverty rate reaches 19.6%, while in the rest of Spain it is 11.3%. «What we cannot allow is that the money is in the administrations without being invested or spent» Alonso sentences.
The director of CC also appeals to the recent report of the Bank of Spain, which in its economic forecasts for the first quarter of the year, highlights the “decrease in purchasing power as a result of inflation.” It will be worse for households with lower incomes whose spending on energy goods represents a higher proportion of the total.
Alonso defends that “we have proposed measures to alleviate the crisis in Tenerife, but we have met with the refusal of the government group.” He considers that “there is time to rectify and allocate this extraordinary income to the most needy people.”
Likewise, the CC spokesman recalls that the PSOE and Ciudadanos “have stopped executing 340 million euros in the last two years.” For this reason, Alonso concludes that “there is enough money in the Cabildo to put it at the service of families, SMEs and the self-employed; what you have to do is manage more and better».