MEF, February state sector requirement to 4.2 billion euros

MEF February state sector requirement to 42 billion euros

(Finance) – The state requirement grows in Februaryeven if the trend is improving compared to 2021. This is what emerges from the provisional data published by the MEF, according to which the balance of the state sector in February closes with a need for 4.2 billion eurosworsening compared to 902 million in January and an improvement of approximately 6.1 billion compared to the value of February 2021 (-10.293 billion).

“In comparison with the corresponding month of 2021 – explains the Treasury – the balance benefited from the positive trend of itax collections linked to the effect of the economic situation thanks also to the positive result of payments of the substitute tax on investment income and capital gains and taxes on the accrued result of individual portfolio management and on complementary and individual pension schemes. On the payments side, they sign up increases in expense of social security institutions and territorial administrations. There interest expense on government bonds shows a reduction of approximately 270 million compared to the same month of the previous year.

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