General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears

EconomyMacroeconomy Tags: Arrears, Budget, MoF, Revenues, Taxes
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

As in previous months, social security funds (SSFs) improved the most, with a primary cash balance of 1.98 billion euros compared to 952 million for the same ​period last year.

Local government recorded a surplus of 132 million, improving from the previous month’s figure of 46 million euros. The figure for the same ​period last year was 500 million.

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