Government Presidency Publishes Details of Subsidies Awarded in Q2 2025
Canary Islands' Government Quarterly Grants and Subsidies Disclosure
Overview
Canary Islands' government has released its quarterly list of grants and subsidies awarded without competitive bidding for the second quarter of 2025. This transparency move aligns with Law 12/2014, which mandates public agencies to disclose such financial aid, ensuring greater accountability and openness.
Details of the Disclosure
- The published list specifies:
- Who received the funds
- The amounts involved
- The purpose of each subsidy
- Key beneficiaries include:
- Various public entities
- Organizations supporting economic, social, or cultural initiatives in the region
Purpose and Implications
The goal is to shed light on how public money is spent and who benefits.
"Some subsidies were awarded without open calls for applications because of specific justified reasons, highlighting cases where transparency requirements were adjusted under legal exceptions."
Commitment to Transparency
This initiative underscores the Canary Islands’ commitment to transparency in its public finances, giving residents and watchdogs clearer insight into government decision-making. Such disclosures boost public trust and can foster more responsible use of public funds.