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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomydraft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well... year is seen as having been exhausted at the end of first half. The draft budget assumes GDP... both the FAF target of 0.5 percent and last year’s budget forecast of 0.53 percent. The primary
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017... budget execution bulletin showed on Wednesday. As we noted a month ago, the MoF updated in the May bulletin its previous annual budget estimates for 2017, included in the 2017 budget, with those
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.10 billion euros in the first six months of 2020, compared to a surplus of 381 million noted in June 2019, the final Finance Ministry (MoF) budget... month last year, the primary deficit came to 535 million euros. The budget balance in the first six
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.46 billion euros in the first seven months...) budget execution bulletin for July showed on Thursday. The primary surplus was below its target by 8.63.... For the same month last year, the primary deficit came to 1.38 billion euros. The budget balance
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Budget primary confirmed at deficit of 5.48 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 5.48 billion euros in the first eight months...) budget execution bulletin for August showed on Friday. The primary surplus was below its target by 6.67.... For the same month last year, the primary deficit came to 1.14 billion euros. The budget balance
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months...) budget execution bulletin for September confirmed on Monday. The primary surplus was below its target.... The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros compared
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Budget primary confirmed at deficit of 18.20 bln in 2020
EconomyMacroeconomyThe budget primary balance recorded a deficit of 18.20 billion euros in 2020, compared to a surplus of 5.02 billion noted in 2019, the final Finance Ministry (MoF) budget execution bulletin... month of 2019, the primary deficit came to 1.93 billion euros. The budget balance in 2020 recorded
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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.47 billion euros in the first month of 2021...) budget execution bulletin for January showed on Monday. The primary balance was below its target by 441 million euros. Expenditure excluding interest payments and the public investment budget came to 4.24
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Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 9.09 billion euros in the first half... Finance Ministry (MoF) budget execution bulletin for June released on Monday. The primary balance beat... excluding interest payments and the public investment budget came to 26.7 billion euros. Net revenues
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight... Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set... payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68
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