Budget deficit, up to 1.57% of GDP after first 5 months, but declining compared to 2021

 The general consolidated budget deficit increased to 1.57% of Gross Domestic Product (GDP) after the first five months of this year, from 1.23% of the GDP in January-April, according to the Ministry of Finance.However, the negative balance is down by about 0.65 percentage points compared to the same period last year, when the budget closed the first five months with a deficit of 2.22% of the GDP."The execution of the general ...

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