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The IMF ranks Spain as the leader among advanced economies in increased government spending since 2018

World 1 source 1 country 🔦 Under-reported 15m ago

The International Monetary Fund (IMF) has ranked Spain as the leader among advanced economies in the growth of public administration spending since 2018. According to the data, the increase in Spanish public consumption has driven a significant part of the country's differential GDP growth over this period.

In addition to historical increases, the IMF projects that Spain's public spending will continue to rise throughout the current year and the upcoming year, according to reports covering the assessment.

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Read the full story at the source El Mundo (Madrid, Spain) · ES ↗
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