Today on its website, the Independent Authority of Spanish Fiscal Responsibility (AIReF) published the report on the draft Economic-Financial Plan (PEF) of the Autonomous Community of the Region of Murcia. The report recommends to the community to adopt certain actions as it is unlikely that it will be able to reach the budgetary stability target in 2017, set at -0.6% for this year. Although the community has adapted its revenue and expenditure scenario, bringing its forecasts closer to the AIReF projections, uncertainties continue to arise, mainly in the expenditure scenario that conditions the fulfilment of the community objective, and to a lesser extent revenue as well.
The report is not available in English. Please access the Spanish version here.