State Budget Surplus Exceeds Targets in 2024

Business 28 January 2025 16:00

The Greek state budget achieved a primary surplus of €8.7 billion in 2024, significantly surpassing the target of €4.635 billion and the €3.92 billion surplus recorded in 2023, according to final data from the finance ministry, CE Report quotes Athens-Macedonian

On a modified cash basis, the state budget balance showed a surplus of €369 million for January-December 2024, compared to a projected deficit of €3.6 billion and a €3.76 billion deficit in the same period in 2023.

This better-than-expected performance was attributed to an increase in cash revenue from the Public Investments Programme by €612 million and the deferral of certain military procurement payments to 2025.

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State Budget Surplus Exceeds Targets in 2024

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