State Tax Revenue Rises 5% to €41,592 Billion Through August
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It is a fall from the more than 2 billion recorded in the same period and compared to the 281 million until July, it details the OE, with the expenditure growing above the revenue. It also highlights the growth of VAT and IRS revenues.
Increase represents an increase of 1,882 million euros compared to the homologous period
The State recorded a surplus of EUR 249,3 million until August, a decrease of EUR 1,799,4 million compared to the homologous period, revealed the summary of budget execution. The surplus content of the State falls to 249,3 million until August appears first in Folha Nacional.
The Ministry of Finance said that the increase in income was not the result of a single category, but rather a broad-based and stable collection of key tax revenues.
As they state, total budget revenues reached 2,005.6 million euros, which is 165.8 million euros or 9 percent more than in the same period of the previous year, and at the same time they are 20.9 million euros above the plan.
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