SANTA CRUZ DE TENERIFE, July 27. (EUROPA PRESS) –
During the 2023 financial year, the Canary Islands will have 6,519.7 million euros from the ordinary regional financing system, which is 24% more than a year before.
In terms of payments on account, the Canary Islands will receive 5,590.1 million euros next year, according to what was communicated by the Minister of Finance and Public Administration, María Jesús Montero, during the meeting of the Fiscal and Financial Policy Council (CPFF ), which was held this Wednesday.
This is the highest figure in history and represents an increase of 11% with respect to the 5,047.2 million euros that the Canary Islands will have received as payments on account throughout this year.
Payments on account are the substantial part of the regional financing system and are calculated based on the tax resources that are estimated to be paid throughout the year as personal income tax (the regional rate) and the percentages established by the corresponding law. to each autonomous community of VAT and Special Taxes and that the central State advances.
As reported by María Jesús Montero during the meeting that brings together the head of the Ministry with the Treasury advisers of each regional government, in total, the autonomous communities will receive 124,291.86 million euros in payments on account. It is the highest figure in history and represents an increase of 11% compared to the volume of those of 2022.
In the year 2023, in addition, the liquidation of the financing system for the year 2021 will be carried out. Forecasts indicate that the Canary Islands, for this concept, will receive 986.1 million euros. This means that this autonomous community will have 6,519.7 million euros from the ordinary regional financing system, 24% more than a year before.
Adding the settlement of 2021 and the payments on account of 2023, the set of autonomous communities of common regime will have resources for a total of 134,335.65 million euros next year.
The Canary Islands, in the last five years, will have had resources worth 30,567 million euros. This figure includes, in addition to ordinary financing, the distribution of extraordinary funds that the Executive mobilized to counteract the effects of COVID-19. This implies that in the last five years this autonomous community will have had financing 58% higher than that of the last five years of the previous Government.
