The Official Bulletin of the Canary Islands publishes the order to start drafting the General Budgets of the Autonomous Community for 2027, a process that ensures the stability of the regional government.
The Ministry of Finance and Relations with the European Union has kicked off the drafting of the General Budgets of the Autonomous Community of the Canary Islands (PGCAC) for the 2027 financial year. The order, signed by the minister Matilde Asián on July 21, has already been published in the Official Bulletin of the Canary Islands (BOC), marking the start of the process that must conclude with the submission of the bill to Parliament before November 1.
The publication of this order represents a key administrative step. It details the instructions that all ministries, management centres, autonomous bodies, and public entities must follow to send the necessary information to the General Directorate of Planning and Budget. This department will be responsible for consolidating the data and drafting the regional accounts.
Minister Matilde Asián has highlighted that this schedule offers “peace of mind to citizens” by confirming that the accounts will be presented on time, unlike the uncertainty surrounding the general state budgets. “Despite the instability at the national level, the Canary Islands meets its deadlines and guarantees the stability of the regional government,” she noted.
The 2027 budgets will continue the trend of recent years, focusing on consolidating economic growth and transforming the archipelago. The priorities, as announced by the Ministry of Finance, will be improving the welfare system, with special attention to health, dependency, social services, education, and access to housing.
The document also states that the accounts will be drafted under the principles of budgetary stability, financial sustainability, and efficiency in the use of public resources. Additionally, strategic challenges such as energy transition, digital transformation, and environmental protection will be addressed, aiming to generate greater added value and quality, stable employment.
The order establishes a work schedule that requires the various departments to submit their forecasts of income and expenses in the coming weeks. Once all the information is collected, the government must approve the bill and send it to the regional Parliament before November 1, as required by current regulations.
This process occurs in a context of political uncertainty at the national level, where the lack of agreement for the approval of the general state budgets has raised doubts about the financing of autonomous communities. Nevertheless, the Canary government insists that the community has room to manoeuvre to ensure the provision of essential public services.
Minister Asián has emphasized that the Canary Islands' budgetary roadmap is “realistic and ambitious,” and that the 2027 accounts will serve to strengthen the economic model of the archipelago. “We want a budget that responds to the needs of citizens, that boosts job creation, and that consolidates the growth of recent years,” she stated.
Canarian citizens will be able to follow the processing of the budgets through the official channels of the regional government, which will keep them informed of progress in the various phases of the process. The bill is expected to reach Parliament in autumn, where it will be debated and, presumably, approved before the end of the year.
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