The State deficit stands at 0.12% of GDP in April and is 76.5% lower than in the same period of the previous year.

Jun 5, 2023 | Current affairs, Featured, Revista Lloseta, Thursday Daily Bulletin, Tradition

In March, the consolidated general government deficit, excluding local government, stood at 0.18% of GDP, 51.1% lower than in the same period of the previous year, excluding financial aid.

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The deficit stands at 0.12% of GDP in April

The deficit reduction path initiated in 2021 and certified in 2022 continues, as a result of the economic recovery and job creation.

In March, the Autonomous Regions posted a deficit of 2.186 billion euros.

The Social Security Funds recorded a deficit in the first quarter of 2023 amounting to 0.10% of GDP