On an annual basis, Spain's first-quarter economic output expanded by 2.7%, also confirming INE's preliminary reading and the analysts expectations
Lawmakers question the budget's ambitious revenue targets and new taxes, noting limited focus on stimulating economic growth, investment, and employment.
Rs18.77trn budget presented • Rs7.02trn fiscal deficit targeted • Development expenditure squeezed • Tax collection target raised to Rs15.26trn • 4pc economic growth rate set • Defence spending up 18pc • Agriculture, retail and real estate sectors still remain unscathed from due taxation