- The commitment to fiscal consolidation is maintained while increasing the efficiency of income and expenses
- Thus, the obligations for the transfer of information derived from the Two-pack
- The Plan is part of an economic recovery scenario, with a forecast of growth in 2015 of real GDP of 2 percent and employment of 1.4 percent.
The Government has sent today to the European Commission the Budget Plan for 2015 of all Public Administrations, in compliance with the provisions of the Regulation on common provisions for monitoring and evaluation of draft budget plans and for the correction of the deficit excessive of the Member States of the euro area (Regulation 473/2013).
The Plan contains the information related to the Central Government budget projects 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 shows 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 all Public Administrations and of each 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 2015 Budget Plan is part of an economic recovery scenario, with a forecast of growth in 2015 of real GDP of 2 percent and employment of 1.4 percent.
