Canary Islands Parliament Approves 2023 General Account

Key Highlights

• The Canary Islands Parliament has officially approved the General Account for the autonomous community for the year 2023.
• During discussions held in July 2025, legislators emphasized the importance of implementing recommendations from the Canary Islands Court of Auditors’ evaluation report.

Main Measures and Recommendations

• Requiring the government to perform impact assessments of budget results on social and economic outcomes.
• Establishing robust monitoring systems with accessible indicators to ensure compliance with audit recommendations.
• Strengthening internal controls within the regional government.
• Fixing accounting deficiencies—especially in bank reconciliations and asset inventories.
• Improving staff training in financial management.
• Ensuring all public sector entities meet their financial reporting obligations timely to promote transparency.
• Encouraging the Court of Auditors to publish complete, detailed responses from audited entities to foster clear accountability.

Goals and Impacts

These steps aim to increase transparency, improve fiscal oversight, and ensure better management of public funds, which directly impacts the quality of public services for residents.

• Overall, the resolution reflects a determined effort to enhance financial discipline and transparency in the Canary Islands' public sector.