The budget execution for the January-October period showed a primary surplus of 13.528 billion euros, compared to a target for a primary result of €12.93 billion and a primary surplus of €6.08 billion for the same period in 2023.
According to the data available for the execution of the state budget on a modified cash basis, the budget balance for the year’s first 10 months presented a surplus of €6.116 billion, against the revisited target of a surplus of €5.52 billion that has been incorporated for the same period of 2024 in the 2025 budget introductory report, and a deficit of €482 million for the same period of 2023.
The difference in comparison to the target derives mainly from the collection of an amount of €206 million last month from the extraordinary levy on electricity suppliers, which is scheduled to be made available through the Ministry of Environment and Energy, and from the time differentiation of expenditure. It is noted that tax revenues are close to the budget targets (a difference of €47 million).
