(ANSA) - ROME, JUN 15 - In April the Italian public debt reached a new record. The increase reported by the Bank of Italy is 29.3 billion compared to March, so as to bring the total debt of the public administrations to 2,680.5 billion. The increase reflects the increase in cash and cash equivalents (17.1 billion, to 101.8) and the need for the month (11.9 billion). The spreads and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates increased the debt by a further 0.4 billion. At the end of April the share of the debt held by the Bank of Italy was 22.4 per cent (0.2 percentage points more than the previous month); the average residual life of the debt increased slightly to 7.5 years.
In the same month of April, tax revenues accounted for in the state budget amounted to 31.8 billion, an increase of 31.8 percent (7.7 billion) compared to the same month of 2020, also in connection with the slippage of some tax payments arranged with the emergency decrees approved last year. In the first four months of 2021, tax revenues amounted to 127.8 billion, an increase of 7.3 percent (8.7 billion) compared to the same period last year. This was announced by the Bank of Italy in its Public Finance publication. (HANDLE).
