SANTA CRUZ DE TENERIFE, 26 Apr. (EUROPE PRESS) –
The President of the Government of the Canary Islands, Ángel Víctor Torres, admitted this Tuesday that the increase in inflation on the islands is “concerning” even though it is below the national average, but he has ruled out a general reduction in taxes as proposed by the CC-PNC and the PP .
In response to a question from the Nationalist Group in the control session, he said that the Bank of Spain, the IMF and the most prestigious economists affirm that lowering taxes generates price increases and energy shortages, “only” the PP and DC.
In this line, he has indicated that the recommendation of the organizations is to give “direct support” to vulnerable sectors, something that has been done with aid of 8 million for farmers, the subsidy for the cost of fuel or the return of 100 % of fuel tax, with a cost of 1.8 million per year.
Torres has pointed out that “thank goodness” that they do not pay attention to the prescriptions and “populist measures” of the opposition since inflation “is of non-monetary supply” and lowering taxes would only make prices more expensive.
Pablo Rodríguez, president of the Nationalist Group, has commented that the increase in prices has worsened in the Canary Islands after more than two months of war in Ukraine and has asked himself “what has to happen” for the regional government to take measures in favor of Canarian families.
He has insisted that the situation “has worsened” because more than 50% of the population has difficulty making ends meet and there is an “impressive expense” of the savings captured during the pandemic and on credit cards, and has accused Torres to “stick out your chest” with the good data on employment and tourism and “hide your head” when they are negative.
