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Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
The budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion euros, compared with a deficit of 13.47 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
The primary balance is well ahead of the target set in the final budget for 2022, beating it by roughly 1.1 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 48.29 billion euros. Net revenues came to 48.48...
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