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The latest outlook is based on a forecast that oil prices will average $110 a barrel this year.
The budget is based on a forecast that the Spanish economy will grow 0.7 percent next year, up from the government's previous forecast of 0.5 percent.
But the budget is based on a forecast for economic growth of 0.8 percent, which many economists believe is too high.
The prime minister, Mariano Rajoy, will present the government's 2012 budget next week, based on a forecast that the economy will contract 1.7 percent this year.
Today's gloomy figures cast doubt on a pledge of tax cuts by the fledgling government of Prime Minister Silvio Berlusconi, which was based on a forecast of 2.4percentt growth this year.
George Osborne highlighted the report's conclusion that Brexit could cost the average UK household £4,300 a year by 2030 in lost GDP growth, based on a forecast of the impact on economic activity.
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This module is based on a forecasting system and a set of inventory management policies.
Heat demand is forecasted based on a weather forecast.
Last year's budget was based on a growth forecast of 1.7% for 2004.
This work investigates an optimal topology design for given node locations based on a traffic forecast.
The budget plan is based on a government forecast that the Spanish economy will contract 1.7 percent this year.
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