Extremadura reduces its deficit in 2016 to 1.61 percent of GDP, which is still high and more than doubles the 0.7% that the Central Government set as a limit for the autonomous communities last year, with which eleven regions have complied, but the Treasury minister recognises that the region "has lowered it a lot" and that where it started must be taken into account in order to see its evolution.
Spain does comply with the goal of a 4.6% limit set by the European Union, with a public deficit of 4.33 percent of GDP, which is raised to 4.54% when accounting for assistance to the banking sector, and Montoro states that the reduction in the public deficit is a "result" of economic growth and job creation in the country.