General government primary cash surplus widens notably to 5.14 bln at end of Nov

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

Greece’s general government (gg) primary cash surplus widened further in November, increasing by almost 40 percent to 5.14 billion euros in the 11-month period of 2015 from 3.68 billion during the same period a year earlier, the Finance Ministry (MoF) gg bulletin showed on Thursday.

As already evident in the previous months, the fiscal improvement primarily reflects a notable increase in the state budget primary surplus, which almost doubled to 3.6 billion this year.

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