Public Administrations latest publications
Budget execution data up to July 2019 slightly worsens the dynamics of 2018. For the 2019-2020 period, an exclusively cyclical adjustment is expected, which will determine a slightly expansive tone of fiscal policy
Budget implementation in April 2019 slightly worsens the dynamics of 2018. During the 2019-2020 period, and in no policy change scenario, the pace of adjustment of the public deficit would be moderating compared to that observed in previous years
This paper analyzes the digitalization of public administrations in Spain with a double objective: to know the progress in the provision of digital public services and to identify the sociodemographic determinants that affect the probability of citizens using electronic administration
The first budget execution data for 2019 slightly worsens last year's dynamics. In an environment of extended budget and policy uncertainty, the economic cycle will reduce the deficit, although the current fiscal targets will be missed.
La falta de reducción del déficit público durante los últimos meses tiene varios costes. Uno es que introduce una innecesaria volatilidad en el crecimiento, sin que posiblemente se haya hecho el uso más eficiente de esos recursos. Otro, es que debilita la credibilidad de las administraciones públicas.
The general government debt. Spanish remained at 99.3% of GDP at the end of the third quarter. debt reducction of the central government and local governments have offset the regions observed increase. The new financial facility for the regions becomes the main source of funding.
November 24, 2015
Spain | Public administrations: adjustment of the public deficit is kept in September 2015
The public deficit (excluding local governments) stood at 3.4% of GDP until September, which improves the figure from a year ago. Despite the good performance of the central government, the pace of adjustment does not seem enough to offset the deterioration in Social Security accounts. The probability of failing to meet yea…
The general government deficit (excluding local administrations) stood at around 3.4% of GDP, improving the level reached a year ago. Nevertheless, the pace of adjustment is not enough, and the probability of not meeting the deficit target by the end of the year holds.