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<Econ> France's Budget Deficit Narrows to EUR32.1 Billion in First Two Months
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Benefiting from higher revenue and lower expenditure, France's national budget deficit narrowed to EUR32.1 billion in the first two months of this year, compared with a deficit of EUR40.3 billion in the same period of the previous fiscal year. Total revenue rose 16% YoY to EUR52.5 billion, supported by increased value-added tax revenue and higher non-tax revenue. Net tax revenue amounted to EUR43.5 billion. Meanwhile, total expenditure fell 1.3% to EUR76.8 billion. The special Treasury accounts recorded a deficit of EUR7.8 billion, broadly stable YoY (previously a deficit of EUR7.7 billion). (da/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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