Canary Islands Cooperation Agreement with Official College of Economists of Las Palmas

Overview

The Canary Islands government has formalized a new cooperation agreement with the Official College of Economists of Las Palmas to promote understanding of the region’s unique Economic and Fiscal Regime (REF). Signed on April 28, 2025, this agreement aims to deliver training sessions and outreach activities to both professionals and the public, emphasizing the importance of the REF in shaping the islands’ economy.

This initiative is part of a broader effort to improve transparency and public awareness about how the REF impacts economic development and policy in the Canary Islands. The collaboration entails organizing seminars, workshops, and informational campaigns crafted in simple, didactic language for easier public comprehension.

Funding and Responsibilities

• Funding for the project will include €2,600 provided by the government to cover speaker fees and travel expenses for activities outside the capital islands.
• The College of Economists will:
  • Manage the logistics
  • Promote the activities through their channels
  • Produce reports on their outcomes.

Oversight and Duration

The agreement sets up a joint oversight committee to follow-up on progress.

The partnership is set to run until December 2025, with potential extensions.

Goals and Focus

This effort highlights the government's focus on boosting knowledge about regional policy tools, which directly influence residents’ economic wellbeing and public policy transparency.