MADRID: Spain's public deficit to the end of February, including the central government, regions and social security, but not the town halls, was 1.11 percent of gross domestic product (GDP), the Treasury Ministry said on Tuesday.

That compared to a public budget shortfall of 0.92 percent in the first two months of 2015, the ministry said.

Spain's government reported a full-year public deficit for 2015 of 5 percent, above the 4.2 percent agreed with Brussels, and it will propose reducing that shortfall to 3.6 percent by the end of this year.

The current deficit target for 2016 stands at 2.8 percent of economic output.

Copyright Reuters, 2016