Central Government Net Borrowing Requirement on a Cash Basis: January-July 2010
09/08/2010 - Press Releases
In the January-July 2010 period the Central Government cash deficit (net balance of the state budget including movements in public debt management accounts) decreased to 14,474 million euros from 21,470 million euros in the corresponding period of 2009. During this period, the ordinary budget revenue increased to 27,890 million euros from 26,779 million euros last year. Ordinary budget expenditure decreased to 37,891 million euros compared with 42,714 million euros in January-July 2009.
Central Government Net Borrowing Requirement on a Cash Basis |
(million euros) |
|
|
Annual data |
July |
January-July |
|
2008 |
2009 |
2009 |
2010* |
2009 |
2010* |
|
|
|
|
|
|
|
I. NET BALANCE OF THE ORDINARY BUDGET |
-11,569 |
-24,621 |
-2,159 |
-2,526 |
-15,702 |
-10,478 |
|
|
|
|
|
|
|
Revenue |
52,153 |
48,560 |
5,039 |
4,688 |
26,779 |
27,890 |
Expenditure |
64,272 |
74,790 |
7,136 |
7,746 |
42,714 |
37,891 |
Change of State deposits in the Bank of Greece |
550 |
1,609 |
-62 |
532 |
233 |
-477 |
|
|
|
|
|
|
|
ΙΙ. NET BALANCE OF THE PUBLIC |
|
|
|
|
|
|
INVESTMENT BUDGET |
-4,776 |
-7,304 |
-64 |
-402 |
-5,529 |
-3,653 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ΙΙΙ. NET BALANCE OF THE STATE BUDGET(Ι+ΙΙ) |
-16,345 |
-31,925 |
-2,223 |
-2,928 |
-21,231 |
-14,131 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IV. INTEREST PAYMENTS: |
10,813 |
12,276 |
2,306 |
3,168 |
8,891 |
8,899 |
Treasury bills |
49 |
112 |
21 |
67 |
94 |
191 |
Bonds |
9,604 |
9,838 |
1,983 |
3,205 |
6,781 |
7,956 |
Other |
1,160 |
2,326 |
302 |
-104 |
2,016 |
752 |
|
|
|
|
|
|
|
V. PRIMARY BALANCE OF THE STATE BUDGET |
-5,532 |
-19,649 |
83 |
240 |
-12,340 |
-5,232 |
|
|
|
|
|
|
|
VI. Change of the State debit and public debt |
|
|
|
|
|
|
management accounts1 |
-1,016 |
-697 |
438 |
-96 |
-239 |
-343 |
|
|
|
|
|
|
|
VII. NET BALANCE OF THE STATE BUDGET (III+VI) 2 |
-17,361 |
-32,622 |
-1,785 |
-3,024 |
-21,470 |
-14,474 |
(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