Economic growth will allow to reduce public deficit below 3% of GDP in 2018
Published on Friday, November 24, 2017 | Updated on Friday, November 24, 2017
Economic growth will allow to reduce public deficit below 3% of GDP in 2018
Summary
The recovery of activity and a strong control of spending are driving fiscal adjustment. In this context, the probability of fulfilling the 2017 objective is high. Spain will exit the excessive deficit protocol in 2018. However, imbalances - that require that the fiscal discipline continues - persist.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Fiscal policy
- Public debt
Authors
BBVA Research
BBVA Research