A primary surplus of 6.08 billion euros, against a target for a primary surplus of 5.607 billion euros and a primary deficit of 350 million euros for the same period in 2022, mainly due to delayed cash payments of the equipment programs of the Ministry of National Defense, the 10-month showed this year the budget.

In particular, according to the execution data of the state budget, on a modified cash basis, for the period January-October 2023:

The amount of net revenues of the state budget amounted to 53.925 billion euros, presenting an increase of 49 million euros compared to the target included for the corresponding period in the introductory report of the 2024 budget.

The total revenue of the state budget amounted to 59.474 billion euros, increased by 49 million euros or 0.1% against the target.

Specifically the income of the major categories of the state budget are as follows:

I. Tax revenues amounted to 50.718 billion euros, up by 33 million euros or 0.1% against the target included in the 2024 budget report.

In particular, the following are observed for the main taxes of this category:

*Revenues from VAT amounted to 19.585 billion euros and are increased against the target by 2 million euros.

*EFC revenues amounted to 5.806 billion euros and are increased against the target by 8 million euros.

*Property tax revenues totaled €2.235 billion and are €1 million above the target.

*Income tax revenues amounted to 16.934 billion euros and are up against the target by 15 million euros.

II. The revenues of the “Social Contributions” category amounted to 48 million euros in line with the target.

III. The revenues of the “Transfers” category amounted to 5.098 billion euros, increased by 4 million euros compared to the target included in the introductory report of the 2024 budget. according to the target.

IV. The revenue of the “Sales of goods and services” category amounted to 734 million euros, increased by 7 million euros compared to the target included in the introductory report.

V. The revenues of the category “Other current revenues” amounted to 2.871 billion euros in accordance with the target included in the introductory report of the 2024 budget. Of the above collected amount, an amount of 265 million euros concerns PDE revenues, which are increased by 2 million euros compared to the target.

Revenue returns were €5.55bn in line with target.

The total revenue of the PDE amounted to 2.81 billion euros, increased by 2 million euros from the target (2.808 billion euros).

For October 2023, the state budget revenues show the same changes presented above on a cumulative basis and are as follows:

The total net revenues of the state budget amounted to 5.628 billion euros. The total revenues of the state budget amounted to 6.193 billion euros.

Specifically, the revenues per major category of the state budget for October are as follows:

I. Tax revenues amounted to 5.802 billion euros.

In particular, the following are observed for the main taxes of this category:

*VAT revenues amounted to 2.384 billion euros.

*EFC’s revenues amounted to 614 million euros.

*Real estate tax revenues amounted to 149 million euros.

*Income tax revenues amounted to 2.016 billion euros.

II. The income of the “Social Contributions” category amounted to 5 million euros.

III. The revenues of the “Transfers” category amounted to 118 million euros, of which an amount of 107 million euros concerns PDE revenues.

IV. The revenue of the “Sales of goods and services” category amounted to 95 million euros.

V. The income of the “Other current income” category amounted to 169 million euros, of which an amount of 2 million euros concerns PDE income.

Revenue returns amounted to €564 million.

The total revenues of PDE amounted to 109 million euros.

State budget expenditures for the period January-October 2023 amounted to 54.406 billion euros and are presented reduced by 430 million euros against the target (€54.837 billion), which has been included in the report of the 2024 budget. They are also increased, compared to the corresponding period of 2022, by €767 million, mainly due to the increased interest expenses by €2.132 billion , taking into account countervailing changes in other expenditure categories.

In the part of the regular budget, the payments are shown reduced compared to the target by 464 million euros. This development is mainly due to the postponement of the cash payments of the equipment programs of the Ministry of National Defense by 548 million euros.

Notable payments include: the grant to the Information Society M.A.E. amounting to 786 million euros to serve the needs of the Market Pass and its extension, the return to the Energy Transition Fund of 367 million euros of the surplus profits of energy producers for the period from October 1, 2021 to June 30, 2022, as well as this year’s Diesel heating subsidy payments of €100 million. All the aforementioned payments were covered by redistributing appropriations from the reserve to promote actions to tackle the energy crisis (appropriations under allocation).

Payments in the investment expenditure segment amounted to 7.73 billion euros, showing an increase of 34 million euros. The expenditure of the PDE includes an amount of 116 million euros to service COVID-19 measures, the most important of which are the strengthening of health institutions with auxiliary staff to respond to the needs due to the COVID-19 pandemic in the regions, the support of start-ups in the framework of Elevate Greece, the creation of a network of nurses for the collection of samples of biological material and nursing assistance in suspected cases of coronavirus at home, and the grant of existing small and medium-sized enterprises in the retail sector, which maintain a physical store, for the development, upgrading and online store management.