Government of Spain submits its Budgetary Plan for the Public Administration Services as a whole for 2015 to Brussels

The Plan contains the information relating to the draft budgets for the Spanish Government and the fundamental lines of the budgets for the other subsectors within the Public Administration Services, in line with the medium-term fiscal strategy included in the updated Stability Programme for 2014-2017, submitted to Brussels on 30 April 2014.

Similarly, it highlights the coordination of the fiscal policy of each Public Administration Service designed to achieve the target of budgetary stability and contribute towards consolidating the economic recovery and fostering employment.

Furthermore, it includes additional detailed information on the budgetary execution of the Public Administration Services as a whole and of each of its subsectors, in accordance with the reporting requirements established for the Member States, within the framework procedure for excessive deficit, as regulated in the aforesaid Regulation (EU) No. 473/2013.

The Budgetary Plan for 2015 has been drawn up against a backdrop of economic recovery, with forecasts for growth in GDP of 2% and employment 1.4% in 2015.