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Travel receipts maintain momentum in May with 17.7 pct YoY rise
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Significantly improved oil balance pushes current account to 196.5 mln surplus in May
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
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Strong tax revenues, underspend push primary surplus 2.43 bln above target up to June
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Energy drives drop of 4.2 pct YoY in import prices drop for June
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Car sales rise by 6 pct YoY in Jun, up 3.1 pct in first half of year
Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line with the medium-term fiscal-structural strategy (MTS) that was presented by the government last week.
The draft sees significantly more moderate growth assumptions and, notably, much more modest outlook for investments in the wake of the government repeatedly missing its target for inward funding during its time in office.
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