Canary Islands 2027 Budget Preparation Procedures

Overview

The Canary Islands government has issued a new order outlining the procedures and structures for preparing the 2027 budget, ensuring transparency and compliance with legal standards. This order mandates that all relevant public entities, including the regional parliament, autonomous agencies, public companies, and other entities, submit their detailed budget proposals by early September 2026.

Key Highlights

• Emphasis on integrating gender impact assessments into the budget draft, aligning with regional equality laws.
• For the first time, departments must provide comprehensive reports on their objectives, planned expenditures, and the expected outcomes, including thematic and territorial classifications.
• Sets precise deadlines for submitting expenditure and revenue projections, with data analyses aimed at ensuring fiscal stability and sustainability.
• Establishes a framework for cross-departmental meetings to refine budget proposals based on policy priorities and available resources.
• Emphasizes transparency in personnel costs, including staffing, salaries, and temporary positions.
• Introduces a detailed system for justifying and verifying personnel-related expenses and positions, ensuring fiscal discipline.

Objectives

This new procedure aims to improve budget accuracy, promote gender equality, and foster more strategic financial planning in the Canary Islands, directly impacting residents by supporting more targeted and transparent public spending for 2027.