Greek Budget Shows Primary Surplus of 3.571 Billion Euros in Jan-July
Greek state budget recorded a primary surplus of 3.571 billion euros in the January-July period this year, from a primary surplus of 3.712 billion in the same period in 2015 and a budget target for a primary surplus of 874 billion euros.
Regular budget net revenue was 28.019 billion euros, down 621 million euros or 2.2 pct from targets.
Tax returns totaled 249 million euros in July, up 40 million euros from budget targets.
State budget spending was 607 million euros higher compared to the same period last year. More specifically, budget spending totaled 4.833 billion euros in July, while regular budget spending was 4.430 billion, up 70 million euros from targets. Public Investment Programme spending fell short by 17 million from targets to 403 million euros.
ANA-MPA