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GreeceBusinessTax revenues in Jan- Feb '23 exceed target by 1.245 bln euros

Tax revenues in Jan- Feb ’23 exceed target by 1.245 bln euros

Hellenic News of America
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Tax revenues for the period January – February 2023 have increased by 1.245 billion euros or 14.2% compared to the target, according to the execution data of the state budget, on a modified cash basis. This significant excess comes mainly from the overperformance in the collection of VAT and income tax.

Based on these figures, there is a surplus in the balance of the state budget of 2,308 million euros compared to a target for a surplus of 36 million euros for the corresponding period of 2023 in the introductory report of the 2023 budget and a corresponding deficit of 910 million euros period of 2022.

The primary result was a surplus of 4,215 million euros compared to a target of a primary surplus of 1,816 million euros and a primary surplus of 840 million euros for the same period in 2022.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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