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Home Europa Press

The Government of the Canary Islands, satisfied with some PGE that leave a record of more than 9,600 million in the islands

October 6, 2022
in Europa Press
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The Government of the Canary Islands, satisfied with some PGE that leave a record of more than 9,600 million in the islands
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SANTA CRUZ DE TENERIFE, Oct. 6 (EUROPA PRESS) –

The Deputy Minister of the Presidency of the Government of the Canary Islands, Antonio Olivera, has been very satisfied this Thursday with the first reading that the Executive has made on the General State Budgets (PGE) for 2023, since they leave the islands with the highest figure of the history with a total of 9,685.6 million, 14% more.

In a press conference to account for the agreements of the Governing Council, he commented that it is a “very relevant” increase in the chapter of nominated items for the archipelago, to which are added “positive” budgets in the social field that benefit all the Spanish people.

Thus, for example, he has pointed out that the revaluation of pensions via the CPI will contribute 500 million more to the canaries “to compensate for the increase in cost” of living conditions, as well as the improvement of unemployment benefits, the Minimum Vital Income, scholarships or dependency.

“We only look at the second part, the nominated games, and sometimes we forget about this one,” he said.

It has also pointed out that the items of the economic REF are collected and with a provision higher than that of 2022, with 844 million, the Comprehensive Employment Plan exceeds 42 million for the first time and stands at 45 million and the tax REF deductions also are increased by 4.7% and total 718.3 million for the Canarian Investment Reserve (RIC), the ZEC or the investment deduction.


Regarding investment, Olivera highlighted that they add up to more than 400 million, more than the previous year, being “very relevant” in ports, airports and water purification, while capital transfers reach 470 million, which includes 210 million of the highway agreement and another 200 million that were pending the execution of the 2018 sentence.

On regional financing, made up of installments on account
and the settlement of 2021, has indicated that it stands at about 6,500 million, 24% more, which allows “having more resources” to finance public services.

Olivera has also highlighted that the investment per inhabitant “is very similar” to that of last year, when the Canary Islands were already among the first autonomous communities.



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