The government and the Ministry of Finance continuously maintain a high level of budget liquidity, with the settlement of all planned obligations within the stipulated deadlines, that is, without delays, the department announced.
It was pointed out that all indicators of public finances indicate stability, sustainability, but also responsible management of public finances.
“As of today, the state treasury has EUR 196.85 million in cash deposits available, plus 38.48 thousand ounces of gold, which is about 68.87 million, i.e. over 265 million total deposits, which represents over four percent of the estimated gross domestic product (GDP) and which can ensure the regular functioning of the state and the settlement of obligations in a period of several months”, the report states.
So far this year, the Government has borrowed EUR 100 million, that is, only one-sixth of the total initially planned level, defined by the Budget Law for this year, which amounts to EUR 600 million.
Official data show that budget revenues in the period January-July this year are 1.44 billion or 23.4 percent of the estimated GDP, which is 256.7 million or 21.6 percent more than the planned, i.e. 363.9 million or 33.7 percent more compared to the comparable period last year.
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