Ley de Estabilidad Presupuestaria

The Ley de Estabilidad Presupuestaria (Budget Stability Law) is a Spanish regulation that aims to ensure responsible fiscal management by governments. It sets rules to keep public debt and budget deficits within sustainable limits, promoting economic stability. The law encourages transparency and prudent spending, preventing excessive borrowing that could threaten the country's economic health. Its goal is to maintain fiscal discipline, support long-term economic growth, and ensure that public finances are managed responsibly to benefit current and future citizens.