スペインのマリアノ=ラホイ政府は、2016年まで、財政赤字削減健全化目標の国内総生産の3%に押える事を延長
El Gobierno aplaza a 2016 el equilibrio de las cuentas públicas
El Ejecutivo presenta unas previsiones económicas más conservadoras
La nueva meta de déficit de las comunidades sube hasta el 1,2%
Rajoy admite que se destruirán 1,3 millones de empleos en la legislatura
La subida del IRPF se prorrogará un año y aumenta Sociedades
El Gobierno se reafirma en su plan de reformas, sin grandes novedades
J. SÉRVULO GONZÁLEZ Madrid 26 ABR 2013 - 15:35 CET
The Government postponed to 2016 the balance of public accounts
The government has more conservative economic forecasts
The new target communities deficit rises to 1.2%
Rajoy admits that destroyed 1.3 million jobs in the legislature
The rise in income tax was extended by one year and increases Societies
The Government reaffirms its reform plan, no major developments
J. GONZALEZ Sérvulo Madrid 26 ABR 2013 - 15:35 CET
The Government has presented this afternoon the macroeconomic picture for the next three years. The data represent a change in the trend followed by the Executive and omens point to a more conservative than those proposed so far by the president, Mariano Rajoy. The stability program update 2016 budget deferred to the reduction of public deficit below 3%, the limit prescribed by Brussels to balance the books. "The new assumptions are extremely conservative, very cautious, very cautious to provide credibility to the government's action," he noted Economy Minister Luis de Guindos.
The plan ran the Government, and agreed with Brussels, passed through a deficit of 2.8% in 2014. But the worsening economic situation has forced the executive to delay fiscal consolidation, the necessary adjustments to reduce the budgetary imbalance. The new path delays balanced budget two years, but still must be ratified by the Brussels European Council meeting to be held in late May. Economic forecasts are even more conservative than those presented by the main centers of economic analysis of Spain and those calculated by the main international bodies.
COUNTRY
The deficit forecast for this year stands at 6.3% of GDP, more than 1.8 points raised so far (4.5%). The Government is negotiating for weeks with the European Commission not to soften this goal more harm economic growth. For the coming year, the budget gap will stand at 5.5% and 4.1% in 2015. This new path will allow the Executive to settle accounts with more pauses without harm both the economy.
The new macroeconomic also lowers growth forecast for this year. The Executive had remained in the budget of 2013 that the economy would shrink 0.5% mild despite warnings of all study centers that placed this fall around 1.5%. The new figures revise the optimistic forecasts of the government and the economy expected to fall by 1.3% of GDP this year. "It is a review that we believe gives realism", said the Minister of Economy. "We believe that in 2014 we will leave the recession," added De Guindos. Precisely for next year the government expects a slight increase in economic activity of 0.5%.
The stability program update public debt estimated to grow to 99.8% in 2016.
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Communities Deficit
One of the questions of the new fiscal consolidation of the government was to dispel doubts about the deficit target would autonomous communities. These administrations lowered the deficit from 3.3% in 2011 to 1.78% last year. The objective we have set for this year was at 0.7% but had expressed inability to meet that goal.
The new Government's macroeconomic framework extends the deficit target of the regions from the previously expected 0.7% to 1.2%. We'll have to see how this new range is shared between all communities.
The new figures also reveal the growing economic gap Social Security. The government plans that the deficit of this institution reach 1.4% this year. "The starting points of the communities are very different," said Finance Minister Cristobal Montoro to refer to the disparity gaps presented for autonomy at the end of 2012, although the differences were higher last year.
Asked about the distribution of the new margin between communities minister pointed out: "The differences should not set singularities in the composition of the structural deficit." Minister wanted to say that it will consider all communities debase the structural deficit ( Excluding the vagaries of the business cycle). "political criteria continue to negotiate with communities sharing the new deficit target" has settled.
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