Finance Ministry says revenues beat revised target by 105 mln in July

EconomyProgramme Tags: MoF, Revenues, Taxes
Photo by MacroPolis
Photo by MacroPolis

In response to Wednesday’s press reports noting that net revenues in July fell short of their target by more than 500 million euros, the Finance Ministry (MoF) clarified via a non-paper that July revenues actually outperformed, but compared to a revised target.

Preliminary figures from the General Secretariat for Public Revenues (GSPR) cited by local media indicated that July revenues (before tax refunds) reached 5.24 billion euros, 333 million lower than the target, while tax refunds were 180 million above th...

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