Pedro Alfonso Voices Concerns Over Inadequate Funding for the Canary Islands

On December 4, 2023, in Santa Cruz de Tenerife, Pedro Alfonso, the President of CEOE in the province, publicly expressed his dissatisfaction with the financial resources allocated to the Canary Islands. His remarks come at a critical time when the region is grappling with significant economic challenges and the pressing need for reconstruction efforts, particularly following the recent crises that have affected the islands.

Criticism of Limited Financial Allocation

Alfonso did not hold back in his critique, labeling the allocation of merely €44 million from a total surplus of €100 million as “incomprehensible.” This statement highlights a growing frustration among local leaders regarding the perceived inequity in funding distribution. The limited financial support is particularly concerning given the ongoing discussions surrounding the reconstruction of La Palma, one of the islands that has faced substantial hardships in recent years.

During an interview on the digital program ‘A buenas horas,’ hosted by José Luis Martín, Alfonso elaborated on the financial dynamics at play. He pointed out that the Canary Islands, as an autonomous community, boast the lowest levels of debt in Spain and have demonstrated effective management of their budgets. This fiscal responsibility, he argued, should justify a more substantial allocation of resources from the central government, enabling the islands to address their unique challenges more effectively.

Challenges Posed by State Budget Limitations

Alfonso’s concerns extend beyond mere numbers; he emphasized the broader implications of the State’s budget constraints on the Canary Islands. He articulated that the inability of the State to meet the specific financial needs of the islands is a significant barrier to progress. He attributed this shortfall to a lack of budgetary resources and the prioritization of other areas that do not necessarily align with the urgent needs of the islands.

He described the situation as “truly surprising,” noting that the Canary Islands are often overlooked in the allocation of national resources. This oversight not only hampers local initiatives but also restricts the islands from utilizing their own financial resources to tackle pressing local issues. The implications of this funding gap are profound, affecting everything from infrastructure development to social services, and ultimately impacting the quality of life for residents.

Advocacy for Enhanced Financial Autonomy

In light of these challenges, Alfonso is advocating for a comprehensive reassessment of the financial framework that governs the Canary Islands. He expressed optimism regarding a proposed decree aimed at enhancing budget management autonomy for the region. This initiative, he hopes, will garner support from various parliamentary groups, leading to a more favorable financial landscape for the islands.

Alfonso stressed the importance of establishing rules that would allow for greater independence in financial governance. He firmly stated, “You cannot change the rules of the game after the game has begun,” underscoring the need for a stable and predictable financial environment that empowers local authorities to make decisions that directly affect their communities. By advocating for greater autonomy, Alfonso aims to ensure that the Canary Islands can better respond to their unique challenges and leverage their fiscal strengths.

Key points

• Pedro Alfonso criticized the allocation of only €44 million from a €100 million surplus for the Canary Islands.
• The funding issue is linked to the reconstruction efforts for La Palma.
• Alfonso highlighted the Canary Islands’ low debt levels and effective budget management.
• He attributed funding limitations to the State’s budget constraints and prioritization of other needs.
• Alfonso called for greater autonomy in managing the islands’ budget.