Budget: Exceeded by €1.24 billion in tax revenue 2024-07-29 01:14:05

This development, combined with the delayed disbursement of public expenditures totaling 1.8 billion euros for grants to insurance funds and hospitals and for equipment programs, raised the primary cash surplus of the State Budget to 2.9 billion euros. of this year.

Receipts

According, in particular, to the execution data of the State Budget for the period January – June 2024, the amount of its net income amounted to 31.466 billion euros, showing a decrease of 287 million euros or 0.9% compared to the target included for the corresponding period in the introductory report of the 2024 Budget.

Tax revenues in particular amounted to 29.198 billion euros, increased by 1.258 billion euros or 4.5% compared to the target included in the introductory report of the 2024 Budget. Specifically:

* VAT revenues amounted to 11.943 billion euros and are increased against the target by 348 million euros.

* Revenues from social security taxes amounted to 3.318 billion euros and are increased against the target by 79 million euros.

* Property tax revenues totaled €1.603 billion and are €77 million above target.

* Income tax revenues amounted to €8.828 billion and are up on target by €738 million.

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