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Our mission is to guarantee effective compliance of the financial sustainability principle by Public Administrations

AIReF deems compliance with the target of -4.6% of GDP to be likely

2016-12-05

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An improvement is expected in Q42016 stemming mainly from the tax measures affecting CorporateTax, allowing the General Government sector to reach year-end in the region of -4.6%

Central Govertment: AIReF deems compliance with the target of -2.2% of GDP to be feasible

The Social Security Funds could close at -1.6% of GDP, and compliance with the updated target (-1.7%) is deemed very likely 

Autonomous Regions: AIReF deems compliance with the target of -0.7% very unlikely 

Local Corporations: AIReF deems compliance with the target of 0% of GDP to be very likely, despite the probability that the ensuing surplus may be smaller than last year's

Related documents: 

Presentation

A. General Goverment sector

B. Central Government

C. Current Taxes on Income in National Accounts

D. Cash direct taxes before transfers 

E. Social Security Funds

F. Autonomous Regions