Greek Budget Primary Surplus 2.334 Billion Euro in Jan-April
The Greek state budget showed a primary surplus of 2.334 billion euro in the January-April period this year, up from a budget target for a surplus of 374 million euro and primary surplus of 1.726 billion in the same period in 2017.
The Finance ministry in a report on budget execution, on an amended cash basis, said the state budget showed a surplus of 193 million euro in the four-month period, from a budget target of a deficit of 1.763 billion euro and a shortfall of 1.142 billion in the same period last year.
Net revenue was 15.515 billion euro, up 1.205 billion or 8.4 pct from budget targets, while regular budget net revenue was 14.423 billion, up 689 million euro or 5.0 pct from targets. Tax returns amounted to 1.303 billion euro, up 210 million from targets. Public Investment Program revenue amounted to 1.092 billion euro, up 516 million from targets.