Typo adds $17 million to Spain's public debt
MADRID (AFP) - A simple typographical error boosted Spain's 2014 public debt forecast by 10 billion euros (S$17 billion), the government admitted on Thursday.
Four days after announcing the national debt figure to the world, the Economy Ministry issued a correction.
"It is an erratum," an economy ministry spokesman said.
It turns out that Spain's public debt in 2014 is expected to be the equivalent of 98.9 per cent of total economic output, not the 99.8 per cent figure that was originally published.