By the end of May, Central government debt totalled €9,083.6 million, this was €673.8 million higher than the corresponding month in 2022, the National Statistics Office said.
The latest data issued today show that the Government’s Consolidated Fund registered a deficit of €103.5 million by the end of May.
The NSO noted that compared to the previous year, recurrent revenue and total expenditure increased by €325.4 million and €55.3 million, respectively.
The largest increases were recorded under Income Tax (€179.5 million), Grants (€56.0 million), Social Security (€36.1 million) and Value Added Tax (€28.1 million). On the other hand, the main drops in revenue were reported under Central Bank of Malta (€22.2 million) and Dividends on Investment (€2.6 million).
There was a positive change in the Government’s Consolidated Fund by €270.1 million, the NSO said.
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