SANTA CRUZ DE TENERIFE, July 27. (EUROPA PRESS) –
The Vice President of the Government of the Canary Islands and Minister of Finance, Budgets and European Affairs, Román Rodríguez, stated after attending the plenary session of the Fiscal and Financial Policy Council that the forecast of state revenues will allow the autonomous community to continue with some social budgets and boosters of the economy.
Román Rodríguez highlighted that the forecast of state income, fundamentally the amounts on account of the regional financing system and the liquidation of 2021, will allow the Government of the Canary Islands to face its fourth regional budgets in line with the guidelines set by the Ministry of Finance, Budgets and European Affairs: shielding of essential public services, aid to vulnerable sectors and revitalization of the economy.
Rodríguez specified that the amounts on account will grow by around 11% among the autonomous communities, although the exact amount will not be known until the Ministry of Finance sends a communication soon with the detail of what each territory will receive.
“In any case, this growth, together with European funds and tax revenue, will allow us to have a good starting point for the preparation of regional budgets consistent with the economic situation and the objectives that we have been setting ourselves in this four-year period. tragic we’ve been through,” said the vice president.
The circumstance occurs that the state ones account for 70% of the budgetary resources of the autonomous community; own income, 18%, and European funds, the remaining 12%.
“We will be able to guarantee the sustainability of essential public services, as well as provide help to those who are having the worst time, whether they are families or companies, and contribute to economic policies by boosting demand and, therefore, employment,” Rodríguez stressed.
The vice president assured that the next autonomous budgets could be very similar to the last ones, although the economic situation “has improved substantially in the Canary Islands”.
“We can have an interesting budget framework, especially since the suspension of fiscal rules is maintained for the year 2023, which is what has allowed public administrations to provide an adequate response to the needs of society in very complex times” Rodriguez indicated.
Precisely, during his speech in plenary, the Canarian vice president highlighted the effectiveness of this public response, “very different from the one that occurred in the previous economic crisis and with which we can all feel satisfied,” he added.
In any case, Rodríguez recalled that the suspension of fiscal rules is not forever and that the extraordinary and circumstantial resources that have been deployed in the last three years cannot adopt a structural nature.
The vice president explained, in this line, that the proposal of the Government of Spain goes through the establishment of a reference rate for the public deficit of the autonomous communities of -0.3%, “which is good”.
