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

Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year 07/02/2023 - 12:52
Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years 03/02/2023 - 09:59
Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY 01/02/2023 - 12:30
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Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move 31/01/2023 - 13:57
Close of 2022 sees softer labour market, with 60,235 fewer jobs 31/01/2023 - 09:37

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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