Primary surplus height 5.826 billion euros was recorded the 11th month, this year, in the budget, against a target of a primary surplus of €3.771 billion and a primary deficit of €1.091 billion for the same period in 2022. The most important part of the difference is due to the deferral of expenditure payments, which appear short of the target by €1.774 billion.

In particular, according to the execution data of the state budget:

In the period January-November 2023, the amount of net revenues of the state budget amounted to 59.162 billion eurospresenting an increase of 195 million euros enadi of the target included for the corresponding period in the introductory report of the 2024 budget.

Total state budget revenues amounted to 65.430 billion euros, up by 328 million euros or 0.5% against the target.

Specifically, the revenues of the major categories of the state budget are as follows:

I. Tax revenues amounted to 56.040 billion euros, up by 448 million euros or 0.8% against the target included in the 2024 budget report.

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

-VAT revenues amounted to 21.663 billion euros and are increased against the target by 131 million euros.

– The revenues of the EFCs amounted to 6.390 billion euros and are reduced compared to the target by 6 million euros.

-Real estate tax revenues amounted to 2.364 billion euros and are 22 million euros short of the target.

-Income tax revenues amounted to 18.900 billion euros and are increased against the target by 183 million euros.

II. The revenues of the “Social Contributions” category amounted to 53 million euros, increased by 1 million euros compared to the target included in the introductory report.

III. The revenues of the “Transfers” category amounted to 5.423 billion euros, reduced by 154 million euros compared to the target included in the introductory report. Of the above collected amount, an amount of 2.669 billion euros concerns PDE revenues, which are reduced by 348 million euros compared to the target.

IV. The revenue of the “Sales of goods and services” category amounted to 794 million euros, reduced by 5 million euros compared to the target included in the introductory report.

V. The income of the “Other current income” category amounted to 3.114 billion euros, increased by 34 million euros compared to the target included in the introductory report. Of the above collected amount, an amount of 285 million euros concerns PDE revenues, which are increased by 8 million euros compared to the target.

Revenue returns totaled €6.267 billion, up €133 million from the target (€6.134 billion).

The total revenues of the Public Investment Budget (PDE) amounted to 2.954 billion euros, reduced by 340 million euros from the target (3.294 billion euros).

In November, the total net revenue of the state budget amounted to 5.285 billion euros, up by 193 million euros against the monthly target. The total revenues of the state budget amounted to 6.003 billion euros, increased against the monthly target by 326 million euros.

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

I. Tax revenues amounted to 5.361 billion euros increased by 452 million euros or 9.2% compared to the target included in the 2024 budget report.

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

-VAT revenues amounted to 2.086 billion euros and are increased against the target by 137 million euros.

– The revenues of the EFCs amounted to 585 million euros and are reduced compared to the target by 13 million euros.

-Real estate tax revenues amounted to 134 million euros and are 18 million euros short of the target.

-Income tax revenues amounted to 1.988 billion euros and are increased against the target by 190 million euros.

II. The revenues of the “Social Contributions” category amounted to 5 million euros in line with the target.

III. The revenues of the “Transfers” category amounted to 325 million euros, reduced by 158 million euros compared to the target included in the introductory report. An amount of 124 million euros concerns PDE revenues, which are reduced by 349 million euros compared to the target.

IV. The revenue of the “Sales of goods and services” category amounted to 60 million euros, reduced by 12 million euros compared to the target included in the introductory report.

V. The income of the “Other current income” category amounted to 252 million euros, increased by 43 million euros compared to the target included in the introductory report. An amount of 20 million euros concerns PDE revenues, which are increased by 7 million euros compared to the target.

Revenue returns totaled €718 million, up €133 million from the target (€584 million).

The total revenue of the PDE amounted to 144 million euros, reduced by 342 million euros from the target (486 million euros).

State budget expenditures for the January-November period amounted to 60.194 billion euros and are presented reduced by 1.774 billion euros compared to the target (61.969 billion euros), which has been included in the introductory report. They are also increased, compared to the corresponding period of 2022, by 1.116 billion euros, mainly due to increased interest expenses by 2.291 billion euros, taking into account countervailing changes in other categories of expenses.

In the part of the regular budget, the payments are presented below the target by 1.270 billion euros. This development is mainly due to the postponement of the cash payments of the equipment programs of the Ministry of National Defense by 568 million euros, as well as the postponement of the consumption of the appropriations under allocation.

Notable payments include: the grant to the Information Society M.A.E. in the amount of 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 surplus 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 arm amounted to 8.586 billion euros, showing a decrease of 504 million euros compared to the target. The expenditure of the PDE includes an amount of 124 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 management online store.