The Greek Ministry of Finances announced that the primary surplus amounted to 4.34 billion euros at the end of November compared to 3.566 billion euros in the corresponding period last year, and about 2.65 billion above targets, due to reduced expenses.
The general government deficit came to 1.236 billion euros compared to a deficit of 1,827 billion euros in the same period last year.
Net state revenue
This sum does not include the cost of servicing the public debt, as well as local government bodies and pension funds.
According to the Ministry’s figures, the net state revenue in the 11-month period amounted the 41.04 billion euros, which is about 1.35 billion euros less than the original target. This shortfall however was covered by the lower expenses during the same period, which came to 42.48 billion euros, when the target was 44.82 billion euros.
Public Investment Program revenues totalled 3.906 billion euros, up 45 million from targets.
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