The fiscal deficit of Spanish regions (Autonomous Communities) reached 10.22 billion euros (13.87 billion U.S. dollars) until September, representing one percent of the country's GDP, the Spanish government reported on Tuesday.
This figure meant a 3.3-percent decrease when compared with the same period of 2012, while on a monthly basis the deficit of the Autonomous Communities increased by 0.18 percent.
The deficit of the Spanish regions should be at 1.3 percent by the end of the year.
According to the government, the deficit of Spanish Autonomous Communities is the result of 103.104 billion euros of revenue and 113.324 billion euros of expenditure.
The government reported that the deficit of the Spanish public administration stood at 5.27 percent of the country's GDP until September, a figure that does not include the expected surplus of the country's local governments.
The government had reported on Monday that the deficit of the Spanish public administration had stood at 4.8 percent in September without taking into account the impact of the financial aid provided to the banks on the deficit.
Meanwhile, the deficit of Spain's Social Security reached 3.29 billion euros until September, which represented 0.32 percent of the country's GDP. Spain's Social Security has to meet a deficit target of 1.40 percent.
Spanish Minister of Economy Luis de Guindos assured on Monday that Spain would meet 2013 and 2014 deficit targets, at 6.5 percent and 5.8 percent respectively.
However, Luis Maria Linde, the Bank of Spain governor, warned on Monday about the "weakness" of Spain's public accounts, stating that although the deficit target was reachable, revenue should be recovered in the last months of the year in order to meet the deficit. (1 euro=1.36 U.S. dollars)./.