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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomyto that in expenditure. Ordinary budget revenues climbed by 24.4 percent in June leading the 6-month... Budget (PIB) balance recorded a deficit of 102 million in June from surplus of 269 million last year... million stands almost 14 percent lower form last year’s level. The budget execution figures released
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Finance Ministry says revenues beat revised target by 105 mln in July
EconomyProgrammeOctober when the 2016 budget was prepared but has been recently revised. It added that cash revenues... to the MoF. It is worth noting that the first half budget execution figures had shown an overperformance... budget execution bulletin after August 10, including the actual and revised target figures. It is worth
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomyto 4.75 billion year to date. In addition, the Public Investment Budget (PIB) balance recorded..., the Finance Ministry (MoF) preliminary budget execution bulletin showed a budget primary surplus... respectively. It should be pointed out that the budget execution figures do not incorporate arrears
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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomyInvestment Budget (PIB) balance posted a marginal deficit of 2 million in September from 606 million last... year’s figure. As we noted last week, the Finance Ministry (MoF) preliminary budget execution bulletin showed a budget primary surplus of 5.45 billion in the 9-month period with net revenues rebounding
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Newsletter 93 - 21/10/2016
about his private life appeared in the local media. Draft budget is heavy on taxes, PBO says Talks... and tax-centric austerity of the 2017 draft budget were highlighted in an interim report published by the Parliamentary Budget Office (PBO). The PBO commented that the underlying macro assumptions
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General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
EconomyMacroeconomymillion. In contrast, the state budget posted a surplus of 1.82 billion, 364 million less than last year... arrears displayed state budget arrears fell by 255 million from the previous month, while smaller... in state budget arrears by 242 million. At the end of September, SSF arrears stood at 2.95 billion
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyperiod. The Public Investment Budget (PIB) balance recorded a deficit of 143 million euros in October..., the preliminary budget execution figures published by the Finance Ministry (MoF) displayed a budget... expenditure rose by 2.1 percent to 38.51 billion. It should be noted that budget execution figures do
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Newsletter 100 - 16/12/2016
conducive to a convergence between both sides. 2 Budget primary surplus surges Primary expenditure... by 4.2 percent to 4.87 billion in November, beating the target by 457 million. The budget primary..., compared to 4.34 billion a year ago, according to the Finance Ministry’s (MoF) preliminary budget execution
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Primary cash surplus to Nov at 3.6 bln, including arrears repayment of 3.4 bln
EconomyMacroeconomy. The Public Investment Budget (PIB) balance posted a small surplus of 83 million in November. However.... As we noted, the preliminary budget execution figures published by the Finance Ministry (MoF) on December 14 revealed a budget primary surplus of 7.45 billion euros in the 11-month period with net
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Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln
EconomyMacroeconomy. The Public Investment Budget (PIB) balance recorded a huge deficit of 1.97 billion in December leading the full year deficit to 2.11 billion. As we noted earlier this week, the preliminary budget execution figures published by the Finance Ministry (MoF) displayed a budget primary surplus of 4.39 billion
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