The International Monetary Fund (IMF), CaixaBank or the General Council of Economists were some of the organizations and entities that had lowered the growth forecasts for Spain.
And BBVA Research has joined them today, which has cut its estimates very notably and, at the same time, has shown that the macroeconomic framework on which the Government supports the General State Budgets (PGE) for 2022 presents figures that they do not conform to reality.
Inflated, in short.
Specifically, BBVA's stadium service has lowered the expected rebound for this year to 5.2%, which is 1.3 points less;
and by 2022 it reduces it from 7% to 5.5%.
They are, without a doubt, very important cut-off magnitudes.
According to the criteria of The Trust Project
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