Sat, 21 Dec, 2013 04:09:29 AM Ftimes Report, December 21  General governments net lending (+) / net borrowing (-), trend. Source: Statistics Finland The deficit (net borrowing) of general government has risen by EUR 0.3 billion in the third quarter of 2013.
According to the Statistics Finland, in the third quarter of 2013, consolidated total general government revenue grew by EUR 0.6 billion from the respective quarter of the previous year, while consolidated expenditure increased by EUR 0.8 billion during the same period.
So, the difference between revenue and expenditure has increased by EUR 0.3 billion.
The country’s total revenue went up by 0.4% from the previous quarter while the total expenditure went down by 0.1% at the same time. In the third quarter of 2013, the general government deficit (net borrowing) stood at EUR 1.3 billion.
These data was derived from Statistics Finland’s statistics on general government revenue and expenditure by quarter. General government is comprised of central government, local government and social security funds.
Changes from the respective quarter of the year before examinations of year-on-year changes are made with figures unadjusted for seasonal variation. In the third quarter, the central government's total revenue amounted to EUR 11.1 billion and total expenditure was EUR 13.3 billion.
The central government's total revenue went up by 0.4% from the respective quarter of the year before.
Correspondingly, total expenditure increased by EUR 0.6 billion or 4.5%. The difference between revenue and expenditure, that is the deficit (net borrowing) of central government, rose by EUR 0.5 billion.
More News
|
|
Finland Times
| Friday, 03 May, 2024 |
|
Copyright © 2024 All rights reserved
|
||||
