Greek State Budget Showed Primary Surplus of 7.447 Billion Euro in Jan-April
The Greek state budget showed a primary surplus of 7.447 billion euro on a cash basis in the January-April period, from a deficit of 404 million euro in the corresponding period last year, the Bank of Greece said on Thursday.
The central bank, in a report, said that the central government's cash result showed a deficit of 599 million euro in the four-month period, from a shortfall of 188 million in the same period in 2017. During this period, ordinary budget revenue amounted to 14.530 billion euro, compared to 13.468 billion in the corresponding period of last year. Ordinary budget expenditure, including expenditure of about 464 million euro for the repayment of arrears (compared to 544 million last year), amounted to 15.380 billion euro, from 16.512 billion in January-April 2017.