Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln

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

The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday.

The primary balance was above the target in the 2022-2025 Medium-Term Fiscal Strategy by 2.9 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 35.8 billion euros. Net revenues came to 39.45 billion euros, ...

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