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Spain's public deficit, minus town halls, 2.68pc to October

Published December 27, 2016 Updated December 27, 2016 01:56pm

1 min

By Shoaib Ur Rehman

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MADRID: Spain's public deficit, including the central government, regions and social security but excluding town halls, was 2.68 percent of economic output in October, the Budget Ministry said on Tuesday.

That compared to 3.29 percent recorded in the same period last year and 3.11 percent reported to September, the Ministry said.

The government aims to reduce the public deficit to 4.6 percent of output this year from 5.1 percent of output in 2015.

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