Economic Improvement and Social Assistance Program

1993 1994 1995 1996 1997 1998 1999 2000 23 24 24 24 2001 2002 Primary expenditures reduction Consolidated public expenditure (% of GDP) 30 26 29 23 23 24 25 26 22 23 24 25 26 2003 2004 2005 2006 2007 2008 2009 2010 30 55 42 42 38 37 38 40 39 39 37 35 35 34 Primary expenditure of the provinces and local governments Primary expenditure of the central government Primary expenditures will have declined by 3.2% of GDP by the end of 2018 Public spending is being reduced by 6.2% in 2018 and 8.0% in 2019 in real terms 2011 2012 2013 2014 2015 2016 2017 12 2018 (p) 2019 (p) 2020 (p) 2021 (p) 2022 (p) 2023 (p) 36 35 34 33

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