The Canarian Government intends to stop this year the distance of 25 points that separates the Canarians from the Spanish average in per capita income, according to the Deputy Minister of the Presidency of the Regional Executive, Alfonso Cabello.
Over the last fifteen years, the Canary Islands has been moving away from the average income per citizen, which is why the regional government has designed a strategy to reduce this difference, which includes improving the financing of the autonomous community through the General State Budgets, among other mechanisms, as well as through compliance with the Statute of Autonomy and the Economic and Fiscal Regime of the Canary Islands.
In addition, it will try to incorporate more workers into the Canarian production system with better training and qualifications, and, therefore, higher remuneration, which implies promoting dual vocational training and certification processes in certain types of employment.
The objective of the Canarian Government with these measures is to reverse the negative trend that has been maintained in per capita income in the islands since 2000, and the first challenge this year is to stop this fall and, from the following regional budgets, to overcome these differences.
For this, it will also be favorable that the EU has once again considered the Canary Islands as Objective 1, since aid for the islands will be facilitated again.
The president of the Canary Islands Confederation of Entrepreneurs (CCE), Pedro Ortega, has emphasized the need to defend the REF so that it has sufficient guarantees and continues to be able to attract investments to the archipelago, he told reporters.
Ortega insisted that this requires legal and budgetary guarantees and the unity of institutions and economic and social organizations in its defense.
The regional Minister of Finance, Matilde Asián, has referred to the main issues in tax matters that affect the Canary Islands, and among them the preliminary draft law that transposes the European directive that obliges the largest companies to pay a minimum tax rate of 15% in the face of the advantages enjoyed by the islands.
Learn about the regional government's plan to increase the per capita income of the Canary Islands
Increasing productivity, improving regional financing, promoting dual vocational training, incorporating more workers and improving their training are some of the key proposals.
January 19 2024 (19:29 WET)
