IMF spain fiscal adjustment

The IMF seeks a realistic fiscal adjustment of 0.5% from Spain in 2019

The IMF Seeks A Realistic Fiscal Adjustment Of 0.5% From Spain In 2019

In relation to the fiscal deficit, the IMF has suggested to the Government of Pedro Sánchez that it calculates “realistically”the incomes it expects to collect from tax increases, to avoid a sharp increase in the deficit. The organisation has also lowered its forecast for GDP growth in Spain in 2018 from 2.8% to 2.7%. For 2019 the IMF expects GDP to grow by 2.2%, in line with its previous forecast.