Spain before the September 42% of the successful deficit reduction_Steel News_News

Spain before the September 42% of the successful deficit reduction

Release Date:2012-05-05 Hits:400
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IMF Spain, head of Guzman, these data reflect the Spanish Government's deficit reduction policy of "positive" results, and related programs currently being implemented by the Government of Spain is moving in the right direction & rdquo ; forwardWorld Steel Pipe .

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the Spanish Government pointed out that the budget deficit decreased mainly due to government cuts in public spending and tax increases. According to statistics, the Spanish tax revenue first nine months of this year World Steel Pipe News , an increase of 13.5%.

Spain Ministry of Finance on the 27th data, as of the end of September this year, the Spanish government budget deficit of 36.363 billion euros, accounting for GDP ratio of 3.45%. Compared with the same period last year, Spain has successfully cut the budget deficit of more than 42%.

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