The Lanzarote Business Confederation (CEL) requests the Government of the Canary Islands and the parliamentary groups to strengthen the allocations for the island during the processing of the General Budget bill of the Autonomous Community of the Canary Islands for 2027.
The president of the CEL, Beatriz Salazar, warns that the planned allocation may be insufficient to face the investments that Lanzarote needs in hydraulic infrastructure, sanitation services, road and mobility infrastructure, health, and education.
The territorialized investment planned for Lanzarote goes from 150,018,636 euros in the approved budgets of 2026 to 90,127,682 euros in the 2027 bill. This is 59,890,954 euros less, a reduction of 39.92%. It is the largest drop among the Canary Islands, both in euros and in percentage, when comparing the actual investments and capital transfers assigned to each island. In La Graciosa, the forecast drops from 3,050,000 to 1,878,239 euros, 38.42% less.
In this regard, the president of the CEL requests an explanation of what criteria have been applied in the distribution among islands and what part of the reduction is due to the withdrawal of European funds. She also asks for the identification of the projects whose financing is reduced and for clarification on how priority investments will be financed and within what deadlines they can be executed.
Beatriz de Salazar emphasizes the importance of knowing “why Lanzarote is the island with the largest drop in planned investment and which projects may be affected”. “There is still room to correct the bill in the amendment process, which is why we ask the Government of the Canary Islands and the parliamentary groups to take advantage of the processing to strengthen the allocation and ensure that priority works have financing and deadlines”.
The CEL urges parliamentary groups to submit amendments to increase Lanzarote's allocation before the ordinary deadline, Friday, December 4th. Likewise, it asks the Cabildo to report on the steps taken to strengthen the allocations for Lanzarote and La Graciosa.
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