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

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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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