Greek Budget Shows Primary Surplus of 2.286 Bln Euros in Jan-April

Greek Budget Shows Primary Surplus of 2.286 Bln Euros in Jan-April

The Greek state budget showed a primary surplus of 2.286 billion euro in the January-April period this year, from a budget target for a primary surplus of 374 million euro and a primary surplus of 1.726 billion recorded in the same period last year, the finance ministry said in a report released on Thursday.
 The report, on budget execution on an amended cash basis, said that the state budget showed a surplus of 145 million euro in the four-month period, from a budget target for a deficit of 1.763 billion and a shortfall of 1.142 billion euro in the same period in 2017.
 Net revenue was 15.468 billion euro, up 8.1 pct from budget targets, while regular budget net revenue was 14.376 billion euro, up 4.7 pct from targets. Budget revenue exceeded targets in the categories of: individuals' tax income (up 3.6 pct), property taxes (up 18.8 pct), direct taxes (up 7.5 pct), other transaction taxes (up 12.6 pct), indirect taxes (up 36.8 pct), EU receipts (up 142.8 pct), other non-tax revenue (up 27.3 pct) and NATO revenue up by 34 million euro.

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