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Business loans drive credit growth of 10.7 pct in Sep
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Corporate deposits propel savings increase to 208 bln in Sep
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Despite recovery in previous three months, building permits down 9.9 pct YoY to July
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Strong VAT, income tax revenue and restrained spending drive strong primary surplus in Sep
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
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Hiring balance improves by more than 18,000 jobs up to Aug
Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799 million euros, compared to a deficit of 6.2 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
The primary balance beat the target by 1.65 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target by 699 million euros.
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