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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months -
Industrial turnover grows by 3.1 pct in Feb, led by mining and domestic market -
Current account records sharp deficit of 3.16 bln in Feb as goods balance deteriorates -
IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses -
Government tones down fiscal pledges as tighter framework starts to bite
General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
As in previous months, social security funds (SSFs) improved the most, with a primary cash balance of 1.98 billion euros compared to 952 million for the same period last year.
Local government recorded a surplus of 132 million, improving from the previous month’s figure of 46 million euros. The figure for the same period last year was 500 million.
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