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Published on Monday, April 10, 2017

Notes on the 2017 State budget

The State budget includes conservative macroeconomic forecasts. In scenarios with greater growth and inflation than forecast, expenditure as a percentage of GDP could fall by more than expected. As always, the uncertainty is around tax revenues.

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Press article (EPUB)

67403_168402.epub Spanish April 10, 2017
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Press article (PDF)

67403_168402.pdf Spanish April 10, 2017
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Press article (EPUB)

67411_168448.epub English April 10, 2017
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Press article (PDF)

67411_168448.pdf English April 10, 2017
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Authors

Miguel CardosoBBVA Research - Chief Economist

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Spain

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Macroeconomic Analysis

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