Spain claims its economic recovery plan has a strong growth forecast

Spain’s Minister for Economic Affairs and Digital Transformation has claimed that the nation will see a strong growth thanks to its recovery plan.

Nadia Calvino, Spain’s Economic Minister, spoke of the growth of the nation’s economy thanks to its recovery plan, as shared by the official twitter account for Economic Affairs and Digital Transformation.

“The response to the crises has protected the productive fabric, employment and family incomes.”

“We have a strong economic growth forecast, higher than that of our neighbouring countries. Agencies are forecasting growth of between 4% and 4.8% for 🇪🇸.”

“The government is acting decisively with effective measures that are bringing inflation down by 2 to 3 points, bringing it in line with the euro area average in May.”

“👉🏽We need to work on a scenario of higher inflation for longer at the international level,” said the Minister on Spain’s economic recovery plan.

➡️VP @NadiaCalvino: Desde el gobierno actuamos con determinación con medidas eficaces que bajan la inflación entre 2 y 3 puntos, alineándose en mayo con la media de la zona euro.

👉🏽Hay que trabajar en un escenario de inflación más alta durante más tiempo a nivel internacional pic.twitter.com/WeFJ4qFFN7

— Economía, Comercio y Empresa (@_minecogob) June 20, 2022

Credit: @mine_cogob

“Our economic policy is marked by three principles: fiscal responsibility, social justice and structural reforms.”

“We have a good #RecoveryPlan, the resources to make it a reality and we are making good progress. Spain is leading its deployment in Europe.”

“State investments finance 29,000 projects in areas such as electric mobility, low-emission zones or building refurbishment.”

“👉🏽In #digitalisation we are investing approximately 20,000M€ in the #EspañaDigital agenda,” concluded the Minister on Spain’s economic recovery plan.

➡️VP @NadiaCalvino: Las inversiones del estado financian 29.000 proyectos en ámbitos como la movilidad eléctrica, las zonas de bajas emisiones o la rehabilitación de edificios.

👉🏽En #digitalización estamos invirtiendo aproximadamente 20.000M€ en la agenda #EspañaDigital. pic.twitter.com/oEyRU5IQ7J

— Economía, Comercio y Empresa (@_minecogob) June 20, 2022

Credit: @mine_cogob

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