Tuesday, July 26, 2016

The deficit of the Spanish State amounting to 19 of GDP in the first half – W Radio

Madrid, July 26 (EFE) .- The accumulated by the Spanish State until June deficit amounted to 21,343,000 euros (23,451,000 dollars at current exchange rates), 1.9% of GDP, 1.4% less than in the first half of 2015, according to data released today by the Ministry of Finance.

Until June, government revenues totaled 79,368,000 euros compared to 82,594,000 for the same period of 2015, while expenses accumulated a fall of 3.4% so far this year, to 100,711 million euros.

Meanwhile, the Social Security Fund recorded a surplus of 1,778 million euros (1,954 million dollars), 0.16% of GDP. EFE

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