With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP

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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP

EconomyMacroeconomy 21/11/2013 - 15:26 Tags: Budget, MoF, Privatisations, Revenues, Taxes

The Finance Ministry tabled on Thursday the 2014 budget to Parliament without the final approval of the troika since discussions between the two sides on next year’s fiscal gap and other matters have not yet been concluded.

Thursday’s version of the budget followed a draft that was released on October 7. The key macro assumptions remained unchanged compared to the draft budget, while adjustments, primarily on the revenue front in 2013 and on expenditure in 2014, led to a h...

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