The Limited Times

Now you can see non-English news...

Bank of Italy: record debt in October, rises to 2,770 billion

2022-12-15T10:06:04.778Z


This was announced by the Bank of Italy in the statistical publication "Public finance: requirement and debt". Tax revenues at 36.4 billion (+2.7%) (ANSA)


The public debt increased in October by 2,770 billion euros compared to the previous month due to the general government debt which rose by 27.7 billion.

This was announced by the Bank of Italy with the statistical publication "Public finance: requirement and debt".

The increase, explains Bankitalia, is due to the increase in liquid assets of the Treasury (14.6 billion, to 62.6) and the borrowing requirement (9.9 billion) and the overall effect of spreads and premiums all contributed issue and redemption, the revaluation of inflation-linked securities and changes in exchange rates (3.2 billion).



In October, tax revenue accounted for in the state budget amounted to 36.4 billion, an increase of 2.7% (0.9 billion) compared to the same month of 2021. In the ten months of the year, tax revenues were equal to 400.4 billion, an increase of 11.5% (41.2 billion) compared to the same period last year. 

Source: ansa

All life articles on 2022-12-15

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.