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Spain: Selected Issues

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2003. "Spain: Selected Issues," IMF Staff Country Reports 2003/041, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/041
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