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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
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Industrial turnover stable in June after marginal 0.1 pct YoY rise
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Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
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Significantly contained spending pushes July primary surplus 4.36 bln above target
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Energy continues to drive import price drop as June records 4.7 pct YoY fall
Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
The budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine months of 2021, compared with a deficit of 7 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
The primary balance exceeded the target set in the 2022-2025 Medium-Term Fiscal Strategy by 2.89 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 38.8 billion euros. Net revenues came to 39.45 billion eur...
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