General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

Travel balance to July soars by 19 pct, reaching almost 9 bln 22/09/2023 - 09:16
Agriculture output prices jump 28.7 pct YoY in Jul, despite input costs falling 21/09/2023 - 11:07
Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing 20/09/2023 - 12:26
Current account deficit shrinks to 7 bln in 7 months as energy and imports ease 20/09/2023 - 12:08
Loans managed by servicers broadly stable in Q2 at 71.16 bln 19/09/2023 - 11:50
Tax revenues continue to outperform in Aug, as ministry explains frugal approach 19/09/2023 - 10:28

General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

EconomyMacroeconomy 05/10/2016 - 17:54 Tags: Arrears, Budget, MoF, Revenues, Taxes

Greece’s general government (gg) primary cash surplus expanded by 1.33 billion to 3.9 billion in the 8-month period of 2016 from 2.56 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Wednesday.

The notable improvement largely reflects a marked rise in the extrabudgetary funds’ surplus by 1.88 billion to 2.41 billion, while social security funds balance turned to a surplus of 614 million from deficit of 637 million a year ago. In addition, loca...

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