Spain’s 2021 budget: An assessment

Spain’s 2021 budget: An assessment

Fecha: enero 2021

José Félix Sanz-Sanz, Desiderio Romero-Jordán

Budget, Spain

SEFO, Spanish and International Economic & Financial Outlook, V. 10 N.º 1 (January 2021)

The Spanish government’s 2021 budget is notable for its marked optimism regarding the country’s economic growth and revenue prospects, its ability to rein in public expenditure, and by extension, the country’s deficit and debt levels. Consensus forecasts are more downbeat, with lower growth estimates, higher deficit and debt levels, as well as doubts surrounding the economic impact on forecasted revenue growth and the Next Generation EU funds.

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