Press Releases

Central Government Net Borrowing Requirement on a cash basis: January-April 2010

10/05/2010 - Press Releases

In the January-April 2010 period the Central Government cash deficit (net balance of the state budget including movements in public debt management accounts) decreased to 7,705 million euros from 10,774 million euros in the corresponding period of 2009. During this period, the ordinary budget revenue increased to 15,069 million euros from 14,335 million euros last year. Ordinary budget expenditure decreased to 19,651 million euros compared with 21,958 million euros in January April 2009.

Central Government Net Borrowing Requirement on a Cash Basis

(million euros)

Annual data

April

January-April

2008

2009

2009

2010*

2009

2010*

-11.569

-24.621

I. NET BALANCE OF THE ORDINARY BUDGET

-3.575

-1.139

-7.299

-5.661

Revenue

52.153

48.560

2.539

3.303

14.335

15.069

Expenditure

64.272

74.790

6.562

4.605

21.958

19.651

Change of State deposits in the Bank of Greece

550

1.609

448

163

324

-1.079

ΙΙ. NET BALANCE OF THE PUBLIC

-4.776

-7.304

INVESTMENT BUDGET

-831

-771

-3.258

-1.955

ΙΙΙ. NET BALANCE OF THE STATE BUDGET(Ι+ΙΙ)

-16.345

-31.925

-4.406

-1.910

-10.557

-7.616

IV. INTEREST PAYMENTS:

10.813

12.276

1.055

542

3.474

3.332

Treasury bills

49

112

32

93

73

130

Bonds

9.604

9.838

728

301

2.294

2.365

Other

1.160

2.326

295

148

1.107

837

V. PRIMARY BALANCE OF THE STATE

BUDGET (ΙΙΙ - ΙV)

-5.532

-19.649

-3.351

-1.368

-7.083

-4.284

VI. Change of the State debit and public

-1.016

-697

debt management accounts1

-14

-117

-217

-89

VII. NET BALANCE OF THE STATE

BUDGET (ΙΙΙ+VI) 2

-17.361

-32.622

-4.420

-2.027

-10.774

-7.705

(including movements in public debt

management accounts)

Notes:

1/ Including movements in DEKA and other public debt management accounts.

2/ Not including the outcome of the Payment and Control Agency for Guidance and Guarantee of Community

Aids (OPEKEPE)

*Provisional data

Source: Bank of Greece

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