[AMNA]
Tax revenues were 409 million euros above the target in January 2025, according to the budget execution report announced on Monday by the Ministry of National Economy and Finance.
Compared to the target included in the introductory report of the 2025 budget, tax revenues rose 7.3% to €5.974 billion.
It is noted that the majority of tax revenues in January affect the year 2024 in fiscal terms.
According to the provisional data on the execution of the state budget, on a modified cash basis, a surplus of 780 million euros was recorded in January in the state budget balance compared to the target for a surplus of €200 million included in the introductory report of this year’s budget, and a surplus of €1.093 billion in the corresponding period of 2024.
The primary surplus on a modified cash basis stood at €2.002 billion, against a target for a primary surplus of €1.4 billion and a primary surplus of €2.282 billion for the same period in 2024.
An amount of €418 million, which refers to the time differentiation of grants from the ordinary budget, and an amount of €202 million, which refers to the time differentiation of Public Investments Program payments, do not affect the outcome in fiscal terms.