Budget: At 2.8 billion euros in primary surplus in 2 months of January – February

At 2.8 billion euros the primary surplus on a modified cash base, compared to a target of 2,029 billion in January – February 2025, according to state budget.

For the same time, tax revenue is increased by € 506 million or 4.4% against the target. Specifically, based on the data, on a modified cash base, for the period of January – February 2025, a surplus of the state budget of € 709 million is presented against the target of a deficit of EUR 51 million included for the corresponding period of 2025 in the EUR 2025. 2024.

The primary outcome on a modified cash base stood at a surplus of EUR 2.802 billion, against a target for a primary surplus of EUR 2,029 billion and a primary surplus of € 3,378 billion for the same period in 2024.

It is noted that an amount of EUR 468 million relating to regular budget payments and EUR 473 million concerning delayed payments of the Public Investment Program (RIP) do not affect the outcome of the General Government in budgetary terms.

It should be noted that the primary outcome in budgetary terms differs from the outcome in cash terms. In addition, the above relate to the primary outcome of the central administration and not the whole general government, which includes the financial results of the legal entities and sub -divisions of the Local Authorities and OKAs.

During January – February 2025, the net revenue of the state budget amounted to EUR 11,743 billion, showing an increase of EUR 170 million or 1.47% against the target included for the corresponding period in the budget report of the budget 2025.

It is noted that this amount contains, both in the revenue (in the category of “Sales of Goods and Services”) and on tax refunds (VAT), the amount of EUR 784.8 million from the transactions required in January 2025 for the completion of the new concession of the Attica Concession.

The total revenue of the state budget amounted to € 13,602 billion and incorporate the aforementioned amount from the new Attica Odos concession contract. Except, total revenue amounts to € 12,817 billion, almost according to the target.

State budget expenditure for the January -February 2025 period amounted to EUR 11,034 billion and are reduced by € 590 million against the target (EUR 11,625 billion), which has been included in the 2025 budget report.

In the regular budget, payments are reduced by the target by € 246 million. Excluding the dispute in the distribution of € 343 million, which does not correspond to payments but to credit transfers to the other categories from which payments are made, the difference in payments against the target amounts to EUR 97 million.

Investment expenditure payments amounted to EUR 1,339 billion, reduced by EUR 344 million compared to the target, which has been included in the 2025 budget report. At the same time, they are reduced by the corresponding payments of 2024 by EUR 716 million.

Source: RES – EIA

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