The 200 euros of aid approved by the central government to mitigate the impact of high inflation has been granted to 50,244 people in the Canary Islands, where the Tax Agency has paid 10,048,800 euros for this concept, as reported this Monday by the Spanish Executive.
By provinces, the 200 euro aid has been distributed to 26,572 people for an amount of 5,314,400 euros in the province of Las Palmas, and to 23,672 beneficiaries for an amount of 4,734,400 euros in the province of Santa Cruz de Tenerife.
The recipients of this initiative approved by the Executive at the end of June are workers, self-employed and unemployed who reside in households with incomes below 14,000 euros in 2021 and whose assets, excluding the habitual residence, do not exceed 43,196.4 euros.
The calculation of income and assets is carried out jointly, considering all persons residing with the beneficiary in the same address as of January 1, 2022, according to the Government in a statement.
Pensioners and recipients of the Minimum Basic Income (IMV) are excluded from this aid as they are groups already benefiting from other measures approved by the Government, such as the 15% increase in non-contributory pensions and the aforementioned benefit.
Likewise, pensioners have their purchasing power guaranteed with the revaluation of pensions according to the CPI, adds the Central Executive.
In this regard, it reiterates that the objective of this single payment aid of 200 euros is to alleviate the effects of rising prices on low incomes that did not benefit from the previous regulations.
The deadline to apply for this aid ended on September 30 and the decree establishes a margin until the end of the year, after which the applicant may consider the application denied if they have not received the payment by that date.
Measures worth 35,000 million
The 200 euro aid is part of the set of measures approved by the Government to mitigate the impact of inflation on the social majority of the country, which has allowed to mobilize 35,000 million euros.
Among these initiatives is a tax cut of 10,000 million euros through the reduction of VAT on gas and electricity and measures aimed at the middle and working class such as the bonus of 20 cents per liter of fuel or free transport in commuter and medium distance trains.
The Government adds that thanks to the effectiveness of these measures inflation in Spain has been moderating for three consecutive months and is the second lowest in the euro zone.
The Government also affirms that it maintains its commitment to continue adopting the necessary measures to alleviate the impact of rising prices derived from the Russian invasion of Ukraine on the social majority of the country.
