In November, general government debt fell by €12.6 billion compared to the previous month, amounting to €2,855.0 billion. The decline reflects that of the Treasury's cash and cash equivalents (€12.9 billion, to €39.6 billion) and a small general government cash surplus (€0.8 billion); In the opposite direction, the overall effect of haircuts and premiums on issuance and redemption, the revaluation of inflation-linked securities and changes in exchange rates (a total of €1.1 billion) had the opposite effect. This is what Bankitalia reports in the statistical supplement "Public finance: needs and debt".
Also in November, tax revenues accounted for in the state budget amounted to €51.8 billion, up 12.3 per cent (€5.7 billion) compared to the corresponding month of 2022.
In the eleven months of last year, on the other hand, tax revenues amounted to €480.1 billion, up 7.5 per cent (€33.6 billion) compared to the same period last year.
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