General Government Deficit 2012

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Presentation transcript:

General Government Deficit 2012 EDP Notification March 27th 2013

2012 General Government deficit Net lending/borrowing (% GDP) * 2011 Data before funding system settlements. 2011 data after the negative settlements are the following: -2.96 Central Government (net of one-offs to the financial sector), -5.09 Regional Governments, -0.84 Local Entities. **Net of one-offs to the financial sector. Source: IGAE

Primary fiscal impulse 2012 International comparison Change in cyclically adjusted primary balance (as % of potential GDP) Source: IMF, Fiscal Monitor April 2013

2012 Regional Government deficit Regional Government deficit (as % of regional GDP) Source: IGAE. 2010 and 2011 before negative funding system settlements for the Regional Governments and Local Entities.

Regional Government deficit Change in 2012 Regional Government deficit Regional Government deficit (as % of the regional GDP) Source: IGAE, 2010 and 2011 before negative funding system settlements for the Regional Governments and Local Entities.