PMI rises to 54.4 points in April, highest since February 2020
Credit growth in March slows to 2.9 pct; monthly inflow 403 mln
Deposits rose by 1.66 bln in March to highest since 2012
Retail turnover drops by 3 pct and volume by 1.8 pct in February
Construction revels as economic sentiment, consumer confidence rise further in April
FinMin sees favourable macro environment from next year, boosted by RRF
State clears 440 mln in arrears to private sector in July
In its first bulletin on the transfers and payments of general government arrears since the government came to power in January, the Finance Ministry (MoF) has set out how these debts are being paid following the conclusion of the first programmer review.
According to ministry figures for July, 1.67 billion euros was transferred for arrears clearance but only a quarter (440 million) was actually paid to the private sector by the end of the same month.
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