Fiscal deficit remained at 3.4% of GDP in February

Fiscal deficit remained at 3.4% of GDP in February

Economy and Business > public accounts

The Ministry of Economy reported on the result of the public accounts

Ministry of Economy

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March 31, 2023 at 19:24

He Ministry of Economy (MEF) reported this Friday that the fiscal deficit stood at 3.4% of Gross Domestic Product (GDP) in the 12 months to February. The percentage is excluding income to the Social Security Trust (FSS).

income froml Central Government – ​​Social Welfare Bank (BPS) stood at 25.9% of GDP, decreasing 0.2% compared to the 12 months ending in January.

The interest payment of the Central Government – BPS closed at 2.3% of the product and increased 0.1% compared to the previous month.

The result of the public enterprises it stood at 0.3% of GDP.

The MEF pointed out that the result of the overall public sector was -3.2% and adjusted for the effect of the FSS it stood at -3.4% of GDP.

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