Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln

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

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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