Published on Tuesday, June 28, 2016

Spain | Public-sector deficit remains at last year levels

Summary

1T16 public-sector deficit rose to 0.8% of GDP, similar to that observed a year ago. The execution until April puts the deficit (excluding local corporations) around 1.2% of GDP. Both the central government and, above all, the regions have improved their balance. Continued deterioration of the Social Security surplus.

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Virginia Pou BBVA Research - Senior Economist

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AAPP abr16

Spanish - June 28, 2016

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