Spain's PM says will make 2019 budget proposal in January

MADRID (Reuters) - Spain's Socialist Prime Minister Pedro Sanchez said on Tuesday that his government was planning to adopt a proposal for the country's 2019 budget in January and put it to parliament.

"We are going to fulfil our task, which is to present the budget, and I announce that the cabinet in January will approve the proposal," Sanchez said during a televised interview on private TV channel Telecinco.

Spain's Socialists hold a minority in parliament and need the support of smaller parties to pass legislation.

(Reporting By Jesús Aguado; Edited by Ingrid Melander)