Spain's public debt-to-GDP ratio edged down, to 113.0% in March, the Bank of Spain said on Wednesday.

Spain's debt-to-GDP ratio at the end of March was slightly lower than the 113.2% registered in December 2022 and lower than the 117.4% in March 2022, the central bank said.

The government expects the debt-to-GDP ratio to fall to below 110% at the end of 2024. (Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)