“Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

Report on the Main Budgetary Lines of the 2022 Budget of Canary Islands

The Independent Authority for Fiscal Responsibility (AIReF) publishes the Report on the Basic Budget Lines 2022 of the Autonomous Community of the Canary Islands, in which it forecasts a surplus of 0.4% of GDP in 2022, more favorable than the reference rate of the -0.6% of the GDP indicated for the subsector of the Autonomous Communities (CCAA).

In addition, AIReF maintains the outlook for 2021, forecasting a surplus of 0.2% of GDP, more optimistic than the regional estimates, which contemplate a deficit of 0.1% of GDP. The forecast of resources improves due to the definitive distribution of the Extraordinary Fund for the deficit published by Royal Decree 684/2021 of August 4, based on population criteria, which represented an additional 3 tenths of GDP over the initially estimated figure by AIReF. This favorable correction has been offset by other negative corrections.

AIReF
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