The primary surplus of the Greek state budget in August amounted to 5.596 billion euros

In January-August, the Greek government budget showed a primary surplus of 5.596 billion euros, above the target surplus of 2.314 billion euros and below the primary surplus of 19 million euros for the same period in 2022, the Ministry of Finance said in a statement published in Monday.

However, in the modified cash method, the state budget showed deficit of €92 million over an 8-month periodwhich is noticeably better compared to the budget deficit target of 2.426 billion euros and the deficit of 4.105 billion euros for the same period last year.

Net income amounted to 43.118 billion euros, which is 0.1% higher than planned. Regular budget revenues amounted to 47.636 billion euros, which is 1.8% higher than planned. Tax revenues amounted to 39.838 billion euros, which is 9.2% higher than planned, which reflects an increase in VAT revenues of 805 million euros, a decrease in special consumption tax revenues of 60 million euros, an increase in property tax revenues of 10 million. euros, an increase in income tax revenues by 1.710 billion euros.

Tax revenues amounted to 4.517 billion euros, which is 772 million more than planned, and revenues from the public investment program amounted to 2.352 billion euros, which is 988 million less than planned.

Budget expenditures for January-August amounted to 43.210 billion euros, which is 2.273 billion euros less than planned and 127 million euros less than for the corresponding period in 2022. Regular budget expenditures fell by €1.484 billion compared to targets. Expenditures under the public investment program amounted to 5.842 billion euros, which is 789 million euros less than the target.

In August, net revenues amounted to 5.970 billion euros, which is 599 million euros more than monthly targets, and regular budget revenues amounted to 6.541 billion euros, which is 735 million euros more than planned figures. Tax revenues amounted to 571 million euros, which is 136 million euros more than the monthly target, and revenues from the public investment program amounted to 80 million euros, which is 455 million euros less than the target.

To what extent do these data correspond to reality?we will most likely find out a little later, when Eurostat publishes its data, which is collected independently of the data published by the Greek Ministry of Finance and ΕΛΣΤΑΤ.

Source link