General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

Greece’s general government (gg) primary cash surplus more than tripled to 1.27 billion euros in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published on Thursday.

The notable fiscal performance is largely attributed to a marked improvement in the budget figure, which rose by 685 million to 927 million in January. Extra-budgetary funds followed suit, recording a rise in their primary surplus by 180 million to 202 ...

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