“Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

Compliance with Deficit and Debt Targets

Compliance with Deficit and Debt Targets Executive Summary 1 There are risks of non-compliance with the public debt threshold established for 2020. 2 The assessment of the General Government’s (GG) compliance with the appropriate debt targets must be performed at all levels comparing the initially set target and the actual data observed, both falling under the same definition. 3 Proper mechanisms should be implemented in order to conduct a quarterly analysis of the corrective measures applied by the Central Government when it fails to meet any deficit or public debt targets.

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