Government deficit amounts to €142 million in first half of 2018

The Government’s Consolidated Fund registered a deficit of around €142 million between January and June of this year.

According to a National Statistic Office statistic, the Government’s income increased by around €70 million whilst its expenditure increased to €120 million, meaning that the Government’s Consolidated Fund decreased by around €50 million.

The NSO figures show that the Government’s expenditure increased due to the ongoing projects.

The Government’s debt decreased by €92 million, and is currently at €5,480 million.