Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln

EconomyMacroeconomy Tags: BoG, Revenues

Greece’s central government primary cash surplus increased by 540 million to 3.22 billion in the 9-month period of 2016 from 2.68 billion last year, Bank of Greece (BoG) figures showed on Wednesday.

It is worth pointing out that this year’s figure incorporates arrears’ repayment of 2.03 billion in the July – September period. Stripping out this figure, the comparable primary cash surplus stood at 5.25 billion almost doubled from last year.

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