Economic Reform and Fiscal Tightening Overview

Fiscal tightening put in perspective Primary spending of the non-financial central administration (% of GDP) -7.3% of GDP 24,9% 24,0% 23,2% 22,1% 22,6% 21,0% 19,5% 19,6% 19,7% 20,2% 17,6% 16,2% 15,4% 13,1% 12,5% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 11

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