spain overshoots public deficit target for 2015
Last Updated : GMT 11:29:57
Arab Today, arab today
Arab Today, arab today

Spain overshoots public deficit target for 2015

Arab Today, arab today

Arab Today, arab today Spain overshoots public deficit target for 2015

Spain
Madrid - Arab Today

Spain posted a public deficit of 5.16 percent of economic output in 2015, Budget Minister Cristobal Montoro said Thursday, the eighth consecutive year the country has overshot its fiscal target.

The government had estimated that the public deficit would fall to 4.2 percent last year from 5.8 percent in 2014.

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