• The commitment to fiscal consolidation is maintained while increasing the efficiency of income and expenses
  • Thus, the obligations of remission of information derived from the Two-Pack
  • The Plan is framed in an economic recovery scenario, with a growth forecast in 2015 of real GDP of 2 percent and employment of 1.4 percent.

The Government has today submitted to the European Commission the 2015 Budget Plan for all Public Administrations, in compliance with the provisions of the Regulation on common provisions for monitoring and evaluation of draft budget plans and for deficit correction excess of euro area Member States (Regulation 473/2013).

The Plan contains the information related to the draft budgets of the Central Administration and the fundamental lines of the budgets of the other subsectors of the Public Administrations, in line with the medium-term fiscal strategy included in the update of the Stability Program for the 2014-2017 period, sent to Brussels on April 30.

It also highlights the coordination of the fiscal policy of the different Public Administrations to achieve the objective of budgetary stability and to contribute to the consolidation of the economic recovery and the promotion of job creation.

On the other hand, it incorporates additional detailed information on the budgetary execution of the set of Public Administrations and each one of the subsectors, complying with the information requirements established for the Member States in the framework of the excessive deficit procedure, such as regulates the aforementioned Regulation 473/2013.

The Budget Plan for 2015 is framed within an economic recovery scenario, with a growth forecast in 2015 of real GDP of 2 percent and employment of 1.4 percent.



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