Canary Islands to Receive 67% More State Funding in 2026

The central government will allocate 7.098 billion euros, the highest historical figure to strengthen public services.

Generic image of the volcanic landscape of the Canary Islands with vegetation and the sea.
IA

Generic image of the volcanic landscape of the Canary Islands with vegetation and the sea.

The central government will allocate 7.098 billion euros to the Canary Islands in 2026, a historic 67.5% increase compared to the last year of Mariano Rajoy's administration, to strengthen public services.

The Government Delegate, Anselmo Pestana, highlighted that the state budgets for 2026 assign the Canary Islands its highest historical amount: 7.098 billion euros. This figure represents a 67.5% increase in resources for healthcare, education, and social services compared to the last year of Mariano Rajoy's management, translating into a net increase of 3.291 billion euros.
Since 2019, the Canary Islands have received 2.239 billion euros through sectoral conferences, a 131.7% increase compared to the PP government's period. Furthermore, the deficit path proposed for 2027-2029 would provide the Islands with an additional fiscal margin of 166 million euros.
The new regional financing model anticipates an annual increase of 611 million euros for the Canary Islands, consolidating its position as the most benefited community due to the weighting of the island variable. The State's debt forgiveness operation will amount to 3.259 billion euros, reducing computable debt by 50%.
Pestana also positively assessed the rise in the Interprofessional Minimum Wage (SMI), which has helped keep unemployment below 10% nationally and boosted consumption. He emphasized employment stability, noting a 212% increase in permanent contracts since 2019 and a 20% reduction in unemployment compared to 2018.
Regarding pensions, the revaluation in line with inflation is considered a "historic advancement." The average retirement pension in the Canary Islands has increased by 439 euros since 2018, reaching the current 1,455 euros.
Investment in housing has reached 415.6 million euros in the current period, funding 2,190 homes under construction and 10,948 undergoing rehabilitation. For the 2026-2030 State Housing Plan, the initial allocation for the Canary Islands in 2026 will be 42.4 million euros.
Other allocations include 200.4 million euros for education in 2026 and 1.055 billion euros for transport between 2019 and 2025, with 1.509 billion planned for airports. Tourism investment has amounted to 361.16 million euros since 2019, a 157% increase compared to the previous seven years.
Investment in digital transformation reached 434 million euros, an 511% increase compared to the previous administration, benefiting 38,228 SMEs and self-employed individuals through the Kit Digital program. The public employee workforce has grown by 33.2%.
In healthcare, cumulative investment between 2018 and 2026 totals 183.6 million euros, with 8.9 million allocated to Primary Care and 2.4 million to oral health in the current year.
In the justice sector, 33 new judge positions and eight prosecutor positions will be created in the Canary Islands in 2026, which Pestana described as "a true revolution," surpassing the number of positions created in the archipelago over the last decade.
Regarding equality, 10.2 million euros were allocated to the State Pact against Gender Violence and seven million to the Co-responsibility Plan. Additionally, 4.4 million euros from European funds will support 24-hour comprehensive care centers for victims of sexual violence in Las Palmas and Santa Cruz de Tenerife.