Companies in Canary Islands: 30 days to adjust budgets to new spending limits

The resolution publishes an agreement between the State and the Canary Islands on 2026 budgets, setting new spending limits that companies must comply with. This change directly affects local administrations and businesses operating in the region, requiring them to review their budgets within a 30-day period. The regulation is based on the Bilateral Cooperation Commission agreement adopted on May 19, 2026 (art. 33 of LO 2/1979, amended by LO 1/2000).