Spain's public deficit hits 4.8 percent of GDP


(MENAFN) The Spanish public administration's deficit, which includes the deficit of the State, regional governments and Social Security, hit 4.87 percent of the country's gross domestic product (GDP) in October, Xinhua reported. The Ministry of Finance said that deficit of Spain's municipal governments was not included in the figure. The deficit would hit 5.27 of the GDP if the financial aid to the country was included.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.