Press Releases

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 

 

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