MADRID, Oct. 22 (.) – “It turns out that the left knows about profit, in addition to wealth distribution,” Government President Pedro Sánchez said regarding the IMF’s improved forecast of Spain’s budget deficit. Ta. How to generate it”.
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“This is therefore in addition to the estimates of the OECD, the Bank of Spain and our main research services,” the Government President added.
The International Monetary Fund (IMF) has revised upward its forecast for Spain’s budget deficit this year, predicting it will end at 2.9%, two-tenths lower than the financial institution had predicted in April.
In the framework of the IMF and World Bank’s annual meetings this week, the institutions released their latest World Economic Update (WEO report) on Tuesday, updating their database with debt and deficit projections.
The IMF also forecast Spain’s budget deficit in 2025 at 2.8%, and also kept its forecast for 2026 at 2.8%.
The agency also lowered Spain’s debt outlook for this year to 102.3% of GDP from 106.3% calculated in April.
