February 27, 2021

The Government opens the door to study the lowering of the IGIC required by the PP to approve budgets – The Province

The Government opens the door to study the lowering of the IGIC required by the PP to approve budgets - The Province


The Minister of Finance of the Government of the Canary Islands, Rosa Dávila, opened the door on Tuesday to study a possible lowering of the general rate ofIGIC, as proposed byPPas long as it does not affect the provision ofpublic services.

At a press conference after meeting with the president, Fernando Clavijo, with representatives of thePopular Group, has indicated that theExecutivesits down to negotiate "without red lines" and has also linked the decline of theIGICthere are changes in the stability criteria and the use of the surplus, which in the case of the Canaries is around 600 million.

In general terms,Dávilahas detailed that theExecutiveshares the guidelines outlined by the PP to support regional accounts and that go through the lowering of taxes, the improvement of public services and containment in administrative expenditure.

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