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Travel balance to July soars by 19 pct, reaching almost 9 bln
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Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
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Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
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Loans managed by servicers broadly stable in Q2 at 71.16 bln
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
The budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared to a deficit of 1.16 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Friday.
In the first seven months of the year, the budget outperformed by 1.73 billion euros, although as the year progresses this figure is becoming more moderate.
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