AIReF cuts its deficit forecast by three-tenths to 4.3% as collections grow

In its latest stability target tracking document, updated this Friday, AIReF states that this review “collection data more positive than expected“Especially in the second installment of corporate tax.

After combining this data, AIReF reports that tax collection is 2.4 percentage points higher than previously estimated this year, with strong increases from personal income tax (16.2%), corporate tax (22.5%) and VAT (16%). , calculates that it will increase by 12.9%. ).

Public deficit continued to decrease in recent monthsadds AIReF, which still expects a “slight deterioration” in the latter part of the year due to the implementation of relief measures.

The revision of the estimate is concentrated in the central Administration, The deficit for 2022 is estimated to be 3% of GDP, 4 tenths less than the previous estimate, while the Social Security year will short 0.5% of GDP and autonomous communities 1% of GDP. The document does not provide data for local companies.

Source: Informacion

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