Madrid, June 15 (EFE) .- The Spanish State public debt reached 1,095,139 million euros (1,229,069 million at current exchange rates) in the first quarter, 100.5% of GDP, he reported the Bank of Spain.
on the end of 2015, the Spanish public debt rose 22,969 million euros, compared with a year earlier, 43,350 million euros.
Specifically, between January and March, the central government had a debt of 74.4% of GDP, the regions of 24,3% of GDP and local government 3.2% of GDP, while the Social Security had a positive balance of 1.3% of GDP.
This is the second time the Spanish public debt exceeds 100% of GDP since records of the Bank of Spain (1995), since a year ago in the first quarter of 2015 was 100.2% of all goods and services in the country.
the Spanish caretaker government maintains that public debt will end the year at 99.1% of GDP, as reflected in the stability program submitted to Brussels, and believes that the rebound in March, said when the monthly data became known on 18 may, is due to the volume of outstanding debt earlier this year .
According to a historical study of the International Monetary Fund (IMF), the Spanish public debt exceeded or brushed 100% of GDP between 1900 and 1909, it had its maximum level (149% of GDP) 1881, year in which began to count, and its lowest in 1975 (7.3% of GDP). EFE
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