Spain's public deficit until May, excluding city councils, fell to 1.03% of GDP

Spain’s public deficit until May, excluding city councils, fell to 1.03% of GDP

This deficit figure was equivalent to 1.16% of GDP in the same period of the previous year. In the first four months of this year, the deficit amounted to 0.26% of GDP

Spain’s public deficit, which includes the central Administration, Social Security and the autonomous communities, but excludes city councils, is reduced to 1.03% of the gross domestic product in the first five months of the year, as reported on Friday by the Ministry of Finance.

This deficit figure was equivalent to 1.16% of GDP in the same period of the previous year. In the first four months of this year, the deficit amounted to 0.26% of GDP.

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