The Government of the Canary Islands will allocate 7.27 million euros in the 2023 budgets to contribute to the “capital status” expenses borne by the two largest cities on the Islands, of which 53.21% will go to Las Palmas de Gran Canaria, which translates into 3.8 million, and 46.78%, for Santa Cruz de Tenerife, which represents 3.4 million. The difference in percentages is due to the population of both capitals, with the neighboring island exceeding 300,000 inhabitants, and just over 200,000 euros.
The mayors of both cities, Augusto Hidalgo (PSOE) and José Manuel Bermúdez (CC), met yesterday with the president and vice-president of the Government, Ángel Víctor Torres (PSOE) and Román Rodríguez (NC), in the Capital Council that It was held in Las Palmas de Gran Canaria. This allocation represents the largest amount since the Shared Capital Council was created in 2010, according to the mayor of Las Palmas de Gran Canaria, Augusto Hidalgo.
The councilor of Santa Cruz, José Manuel Bermúdez, described as “good news” this increase of more than 18% in the budget of the Autonomous Community to finance the co-capital of the Canary Islands, “as stated in the Statute of Autonomy”. The mayor pointed out that “it is what we have to do based on the income that the Autonomous Community has”, to then add that “we are never totally satisfied, but it is good news that we have more resources than last year to use in the improvement of our capital”.
His counterpart from Las Palmas de Gran Canaria, Augusto Hidalgo, explained that “now we obtain a game that neither of the two Canarian capitals had ever had, which is a reason for gratitude”, an increase that, according to Hidalgo, has been possible thanks to the fact that “ we have seen ourselves benefited by the improvement of the fiscal income of the autonomous community”.
Increase of the game in 594,495 euros
The increase of 18.4% translates into a rise of 594,495 euros with respect to the amount that the two capitals received in 2022. A money that is included in the Statute of Shared Capital of the Canary Islands collects a series of economic compensations for Las Palmas of Gran Canaria and Santa Cruz de Tenerife as they have practically all the regional administration headquarters in their territory.