The primary surplus of the state budget stood at 8.735 billion euros in the period January-September 2024, against a target for a primary surplus of 5.297 billion euros, according to a relevant announcement by the Ministry of National Economy and Finance on Friday.
At the same time, tax revenues rose by 2.494 billion euros or 5.4% against a target of 48.867 billion euros.
According to the execution data of the state budget, on a modified cash basis, for the period January-September 2024, there is a surplus in the state budget balance amounting to 1,568 million euros against a target for a deficit of 1,443 million euros that has been included for the corresponding period of 2024 in the introductory report of the 2024 Budget and a deficit of 397 million euros in the corresponding period of 2023. The primary result on a modified cash basis was a surplus of 8,735 million euros, against a target for a primary surplus of 5,297 million euros and a primary surplus of 5,987 million euros for the same period in 2023.
It is noted that part of the difference in the collection of tax revenues amounting to 647 million euros is counted in the fiscal result of the year 2023.
SOURCE; ANA-MPA
