spain\s public deficit reaches 507
Last Updated : GMT 15:03:41
Arab Today, arab today
Arab Today, arab today

Spain\'s public deficit reaches 5.07%

Arab Today, arab today

Arab Today, arab today Spain\'s public deficit reaches 5.07%

Madrid - XINHUA

The deficit of the Spanish public administration stood at 5.07 percent of the country\'s gross domestic product (GDP) until August, the Spanish Secretary ofState for Finance Marta Fernandez-Curras announced on Tuesday. Fernandez-Curras reported that the deficit totaled 51.981 billion euros (71.543 billion U.S. dollars), including the deficit of the central administration, Autonomous Communities (Spain\'s regions) and Social Security. The deficit of the local governments was excluded. The 51.981 billion euros also includes the public financial aid injected into Spanish banks. However, without taking into account this financial aid Spain\'s public deficit stood at 49.207 billion euros representing 4.8 percent of Spain\'s GDP. The deficit of the Spanish central administration reached 39.188 billion euros until August, which represented 3.82 percent of the country\'s GDP; while the Autonomous Communities registered a deficit of 8.135 billion euros, 0.79 percent of Spain\'s GDP. The government emphasized that Spanish Autonomous Communities were making big efforts to reach 2013 deficit target, at 1.3 percent. Meanwhile, Spain\'s Social Security had a deficit of 1.884 billion euros, which represented 0.18 percent of the country\'s GDP, while its 2013 deficit target is 1.40 percent. Fernandez-Curras explained that the government expected local governments to register surplus which would help improve the public deficit figure, while pointing out that it also expected Autonomous Communities to fulfill their 2013 deficit target. According to the Secretary, Spain is on the right track to meet the 2013 deficit target required by Brussels: 6.5 percent excluding public financial aid to the banking system.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spain\s public deficit reaches 507 spain\s public deficit reaches 507

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spain\s public deficit reaches 507 spain\s public deficit reaches 507

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Online exhibit shows hidden depths of

GMT 11:45 2017 Thursday ,23 November

Online exhibit shows hidden depths of
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday