The Minister of Economy, Carlos Body, defended the interest of giving “space to guarantee that the result of the vote (on the deficit targets) is a positive result”, because presenting the budgets “weeks before or weeks after” will not be enough to modify its content.
In an interview with Wave zero collected by EFECorps defended the government’s decision to withdraw the vote on the path to stability, scheduled for this Thursday, to give time for negotiations and thus avoid it being rejected again in Congress.
The Minister He did not specify whether he would consider granting a greater deficit margin to the autonomous communities.as Junts claims, although he stresses that “the more we grow, the less effort we will have to make” to adjust the public accounts, which could indicate that the upward revision of GDP growth forecasts for the coming years could provide additional budget room.
In fact, the government continues to negotiate with the European Commission the limit of increase in spending that Spain will include in the structural budget plan – which will be presented on October 15 – to achieve the deficit target that, he insisted, will be 2.5% of GDP by 2025, the figure of the proposed stability trajectory and now withdrawn.
The agency downplayed meeting budget deadlines – the Constitution requires that accounts be submitted to Congress by October – because “The fact that (the budget) is presented a few weeks later will not prevent us from having good budgets for next year“.
“We must not rush without having this positive result in hand,” he argued, but rather opt for “a negotiation approach to be able to move forward step by step towards the budgets.”
