The Greek state budget recorded a surplus of 1.480 billion euros in January, up from a budget target for a surplus of 917 million and a deficit of 1.199 billion euros reported in January 2022, the finance ministry said on Tuesday in a bulletin on the January budget execution data on a modified cash basis, ANA reports.
Net budget revenue was 7.166 billion euros in January, up 8.75 from targets, while regular budget revenue was 7.611 billion, up 11.1% from targets. Tax revenue rose 12% to 4.928 billion euros, VAT revenue totaled 2.277 billion euros, up 246 million from targets, special consumption tax revenue was 492 million, down 34 million from targets, property tax revenue was 120 million euros, down 17 million from targets and income tax revenue was 1.475 billion euros, up 261 million from targets. Tax returns totaled 445 million euros, up 184 million from targets, while Public Investment Programme revenue was 601 million euros, up 86 million from monthly targets.
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