Greek state budget recorded a primary deficit of 9.065 billion euros in the January-October period, slightly down from a revised target for a deficit of 9.696 billion euros and after a primary surplus of 5.739 billion euros in the corresponding period in 2019, the Finance Ministry said on Wednesday, ANA reports.
More specifically, net revenue was 38.411 billion euros, up 0.1 pct from budget targets. Regular budget revenue was 42.991 billion euros in the 10-month period, up 0.1 pct. Budget revenue exceeded targets in the categories of: VAT on products and services (0.1 pct), special consumption tax on energy products (0.4 pct), regular tax on property (1.7 pct), corporate income tax (1.9 pct), transfers (0.7 pct), sales of goods and services (5.6 pct) and other revenue (0.8 pct). Revenue fell short of targets in the categories of: VAT on oil products (2.7 pct), income tax (0.4 pct), other current taxes (3.3 pct).
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