国际货币基金组织：2025年吉尔吉斯斯坦共和国：第四条磋商新闻稿员工报告（英文版）

The Spanish economy has been performing strongly, propelled by services exports and labor force growth, including immigration. Growth is projected to reach2.5 percent in 2025, before slowing as its recent drivers normalize. The disinflation process is expected to continue, with headline and core converging close to the ECB’s target by end-2025. Most risks are to the downside, including from a further escalation of trade measures and domestic political fragmentation.