According to the report, the country’s budget deficit is expected not to exceed the reference rate of 3% of GDP in 2016 and 2017 and to return to a downward trend in 2018-2019.
The report also says it is expected a deviation from the target regarding the medium-term objective in 2016 and 2017, following the measures included in the new Tax Code and wage raises approved throughout 2015. Starting 2018, this trend will change.