Spain | Public Administrations: budget execution improved in April
Published on Tuesday, June 30, 2015 | Updated on Wednesday, July 1, 2015
Spain | Public Administrations: budget execution improved in April
Summary
The Public deficit raised to 0.7% of GDP in 1Q15. Until April, budget execution set the deficit (exc. local corporations) at around 1.1% of GDP . This improvement was due to both central government and regions. Meanwhile, Social Security registered a lower surplus than the previous year.
Geographies
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- Spain
Topics
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research