The IMF confirmed the health of the Spanish economy, contrasting with the stagnation of the euro zone.
The increase in the growth forecast to 1.9% for 2024 demonstrates the strength of the Spanish economy.
The main drivers of the economy are the strengthening of purchasing power, the vigorous labor market, and the solidity of exports and tourism.
Significant challenges are highlighted such as the need for public accounts sanitization and the maintenance of the pace in the European funds agenda.
Internal political fragmentation could hinder the implementation of structural reforms and fiscal consolidation.
The lack of political agreements, the electoral cycle and the competition among government partners threaten the success of the necessary reforms for the country's economic health.
Conclusion: The IMF advises on the danger that Spain's solid growth would run if the Government fails to fulfill its commitments with Brussels, which requires a parliamentary majority.