The Governing Council of Tenerife Council promotes the initial process for the approval of the 2024 budgets “of a marked social nature”, as announced by the Institution in a statement. The accounts increase by 8% compared to last year, reaching approximately 1,139 million euros.
In social matters, growth amounts to 11% and in economic matters it reaches 4% more. The commitment of the island president, Rosa Davila, is that “they have been running since January 1, 2024.” The global figure is once again a record, already broken in 2023 when there were 1,055 million, 20% more than in 2022.
The general lines are marked by several uncertainties derived from wars, inflation and the rise in interest rates in the face of a Spanish State “paralyzed and with an extended budget”, in addition to the expectation that the fiscal rules will be applied or not.
The government team “prioritizes that money reaches the people” and that also allows “replacing Tenerife in the socioeconomic leadership it deserves. The island budgets for 2024 will be presented next Friday, the 3rd, at a press conference offered by the president of the Institution, Rosa Dávila, and the vice president, Lope Afonso. As Dávila herself advances, “our commitment is that on January 1, 2024, Tenerife will have budgets that will allow us to satisfy the needs that confront the people of Tenerife in their reality.”
Dávila values these priorities in the sense that the budgets “are focused on social demands, in recover areas damaged by the August firein promoting all economic sectors with the consequent generation of employment and in facilitating mobility. He concludes: “All this with an equitable and proportional distribution of the funds among the 31 municipalities.”
