"Unless the government puts money in the hands of the bottom half of the families and puts food on the plates of the poor, the economy will not revive smartly," he added.
Spain was hit hard by coronavirus in the first months of the pandemic, and brought in some of the strictest measures to tackle it - including banning children from going outside.
Kim -- along with other officials -- was also pictured unmasked watching a "Mass Games" propaganda display on Sunday, while spectators were seen wearing face coverings.
"Just because the Prime Minister and the Finance Minister call these measures an economic stimulus does not mean the economy will obey and get stimulated."
The loan will have to be spent entirely on new or ongoing capital projects, states can settle bills of contractors and suppliers but all the amount has to be paid before March 31, 2021.
Addressing the 115th AGM of PHD Chamber of Commerce and Industry, Principal Economic Advisor said there was space on the monetary and fiscal side to implement further stimulus
This figure was 78 per cent and 84 per cent at the beginning of the year, respectively. This weakened view on the growth prospects is in line with that of CEOs globally.