Greek State Budget Records Primary Surplus of 3.751 Billion Euros in Jan-Aug
The Greek state budget recorded a primary surplus of 3.751 billion euros in the January-August period, slightly down from a surplus of 3.798 billion in the same period last year, but sharply up compared with a budget target for a primary surplus of 980 million euros.
Regular budget revenues surpassed targets by 458 million euros, the finance ministry said in a report on state budget execution on an amended cash basis, released on Tuesday.
The general government’s deficit was 1.040 billion euros in the eight-month period, from a deficit of 1.104 billion last year and a budget target for a deficit of 3.880 billion.
State budget net revenue was 31.945 billion euros, down 1.8 pct from targets, while regular budget revenues amounted to 29.878 billion, up 1.6 pct from targets.
ANA-MPA