Final budget execution for Dec confirms primary deficit beat target by 1.85 bln

Trade deficit narrows in April, though exports drop by 4.3 pct 2 hours ago
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ 3 hours ago
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct 01/06/2023 - 13:03
Manufacturing grows in May, but at slowest pace in last four months 01/06/2023 - 12:51
March sees first retail sales fall for two years, volumes show consumption diving 31/05/2023 - 14:40
Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln 31/05/2023 - 10:21

Final budget execution for Dec confirms primary deficit beat target by 1.85 bln

EconomyMacroeconomy 25/01/2023 - 12:40 Tags: Budget, MoF, Revenues

The budget primary balance for the year 2022 came to a deficit of 6.65 billion euros, compared to a deficit of 10.33 billion euros during 2021, according to the final Finance Ministry (MoF) budget execution data for December released on Wednesday.

The primary balance beat the latest target by 1.85 billion euros.

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