Spain: Selected Issues

Publication Date:

February 28, 2003

Electronic Access:

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Summary:

This Selected Issues paper analyzes the conduct of fiscal policy in Spain, made topical by the entry into effect of the Budgetary Stability Law in 2003. This law, along with the new permanent financing arrangements with the subnational levels of government, provides a new institutional and legal framework for fiscal policy. These innovations aim to lock in the gains in fiscal consolidation represented by the achievement of the goals of the Stability and Growth Pact in 2001.

Series:

Country Report No. 2003/041

Subject:

English

Publication Date:

February 28, 2003

ISBN/ISSN:

9781451812091/1934-7685

Stock No:

1ESPEA0022003

Pages:

39

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