State budget net revenue 10.4% above targets in January

The Ministry of Finances has announced that the State budget net revenue totaled 4.219 billion euros in January, up 10.4% from targets, while regular budget net revenue amounted to 3.654 billion euros, down 0.2% from budget targets.

The Ministry also announced that tax returns totaled 296 million euros in January, about 49 million euros short from budget targets, while the Public Investment Program revenue amounted to 565 million euros, up 405 million from targets.

Furthermore, the Ministry statement noted that the Greek budget recorded a 1.077-billion-euro surplus on an amended cash basis in January, up from a surplus of 367 million euros in January 2015 and a budget target for a surplus of 197 million

Finally, the budget also recorded a primary surplus of 1.193 billion euros in January, from a primary surplus of 443 million in 2015 and a budget target for a primary surplus of 307 million euros.