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PSBR drops to 5.5 bn in Jan - Business

2024-02-01T19:00:23.534Z

Highlights: PSBR drops to 5.5 bn in Jan - Business.co.uk. The balance was affected by the increase in tax receipts and transfers from the EU. There is a higher social security expense linked to the revaluation of pensions and greater needs of local administrations. Interest expenditure on government bonds increased by around €650 million compared to January 2023. ALL RIGHTS RESERVED © Copyright ANSA.com, 2013, 2014, 2015, 2016, 2017, 2018.


The public sector borrowing requirement fell to 5.5 billion euros in January this year from 7,086 billion a year ago, the economy ministry said Thursday. The balance was affected by the increase in tax receipts and transfers from the EU. (HANDLE)


The public sector borrowing requirement fell to 5.5 billion euros in January this year from 7.086 billion a year ago, the economy ministry said Thursday.


   The balance was affected by the increase in tax receipts and transfers from the EU.


   On the payments front, there is a higher social security expense linked to the revaluation of pensions and greater needs of local administrations.

Interest expenditure on government bonds increased by around €650 million compared to January 2023.


ALL RIGHTS RESERVED © Copyright ANSA

Source: ansa

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