The public sector borrowing
requirement fell to 5.5 billion euros in January this year from
7.086 billion a year ago, the economy ministry said Thursday.
The balance was affected by the increase in tax receipts and
transfers from the EU.
On the payments front, there is a higher social security
expenditure linked to the revaluation of pensions and greater
needs of local administrations. Interest expenditure on
government bonds increased by around €650 million compared to
January 2023.
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