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Bank of Italy, debt in January falling to 2,848.7 billion - News

2024-03-15T10:56:50.618Z

Highlights: Bank of Italy, debt in January falling to 2,848.7 billion. This is what emerges from the data of "Public finance: needs and debt" of the Bank of Italy. In January, tax revenues accounted for in the state budget amounted to 46.5 billion, an increase of 5.1 percent (2.3 billion) compared to the corresponding month of 2023. The consolidated debt of the central administrations decreased by 13.6 billion, that of the local administrations by 0.4 billion and that of social security institutions by approximately 0.1.


In January the public administration debt amounted to 2,848.7 billion. This is what emerges from the data of "Public finance: needs and debt" of the Bank of Italy. (HANDLE)


In January the public administration debt amounted to 2,848.7 billion.

This is what emerges from the data of "Public finance: needs and debt" of the Bank of Italy. The decrease (14.1 billion) compared to the value of December 2023 reflects the decline in the Treasury's liquid assets (15.7 billion, to 34.2) and the effect of the discounts and premiums on issuance and redemption, the revaluation of inflation-indexed securities and the change in exchange rates which overall reduced the debt by 1.3 billion, partially offset by the needs (2.9 billion).

With reference to the breakdown by subsectors, the consolidated debt of the central administrations decreased by 13.6 billion, that of the local administrations by 0.4 billion and that of the social security institutions by approximately 0.1. 

 In January, tax revenues accounted for in the state budget amounted to 46.5 billion, an increase of 5.1 percent (2.3 billion) compared to the corresponding month of 2023. 


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