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  1. Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
    Photo by MacroPolis

    EconomyMacroeconomy

    on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022... of October. This is the second year on the bounce that the government has tabled a final budget... and headline deficits are higher by roughly 700 million euros in the final budget compared

    32%

  2. Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared... Ministry (MoF) budget execution data released on Thursday. As is the standard practice, once the final budget for the next year is submitted, the targets for the running year are revised. This means

    32%

  3. Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to December 2022 came to a deficit of 6.68 billion euros, compared... Ministry (MoF) budget execution data released on Monday. The full year outperformance came to 1.83... and the public investment budget, came to 58.06 billion euros. Net revenues came to 59.6 billion euros

    32%

  4. Budget starts year where it left off in 2022, beating target by 618 mln in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in January this year came to a surplus of 2.77 billion euros, compared... Ministry (MoF) budget execution data released on Thursday. In the first month of the year, the budget... budget, came to 3.75 billion euros. Net revenues came to 7.16 billion euros. The budget balance

    32%

  5. Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance in February came to a surplus of 4.2 billion euros, compared... (MoF) budget execution data released on Thursday. In the first two months of the year, the budget... budget, came to 7.46 billion euros. Net revenues came to 12.95 billion euros. The budget balance up

    32%

  6. Budget primary surplus at 3.07 bln in Mar on back of 2022 tax collections, underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.07 billion euros in March, compared to a deficit...) budget execution data released on Wednesday. In the first three months of the year, the budget... budget, came to 11.81 billion euros. Net revenues came to 16.83 billion euros. The budget balance up

    32%

  7. Budget primary surplus of 2.43 bln in April thanks to 1.64 bln tax outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.34 billion euros in April, compared to a deficit...) budget execution data released on Monday. In the first four months of the year, the budget outperformed by 3.3 billion euros. Expenditure, excluding interest payments and the public investment budget

    32%

  8. Budget primary surplus comfortably beats target in May as taxes outperform by 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.29 billion euros in May, compared to a deficit...) budget execution data released on Thursday. In the first five months of the year, the budget... budget, came to 20.29 billion euros. Net revenues came to 26.24 billion euros. The budget balance up

    32%

  9. Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit...) budget execution data released on Monday. In the first half of the year, the budget outperformed by 2.53 billion euros. Expenditure, excluding interest payments and the public investment budget, came

    32%

  10. Underspend and improved tax collection help budget beat target by 881 mln in July
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit...) budget execution data released on Wednesday. In the first seven months of the year, the budget... budget, came to 28.66 billion euros. Net revenues came to 37.15 billion euros. The budget balance up

    32%