Spain | Budget execution slightly improved
Published on Monday, August 31, 2015
Spain | Budget execution slightly improved
Summary
Public deficit in July 2015 improved by 2,4% of GDP in the annual accumulated, .6pp above the registered last year. The slow rate of the recovery of revenues observed until July requires a tight control of public finances, in order to meet the public deficit reduction target by the end of the year.
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- Spain
Topics
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- Macroeconomic Analysis
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Authors
Virginia Pou
BBVA Research - Senior Economist
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