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This article was published May 13, 2016 at 11:06 hours.
the last change is the May 13, 2016 at 11:38.
New soaring of the Italian public debt in March. According to data from the Bank of Italy, contained in the Supplement “Public Finances, borrowing requirement and debt”, the general government debt increased by 14.0 billion compared to February, rising to 2.2287 trillion. The previous high dated back to May 2015, to 2.2196 trillion. Stable tax revenue.
Bank of Italy: in March the stock to 2228.7 billion
The increase in debt, says the Supplement to the Statistical Bulletin of the Bank of ‘Italy has been below the requirement of the month (21.5 billion), thanks to the reduction of 4.7 billion of Treasury liquid assets (end of March amounted to 70 billion; 78.9 billion in the same period of 2015) and the overall effect the issuance of securities at a premium, the revaluation of securities indexed to inflation and the depreciation of the euro (2.9 billion). With reference to sub-sectors, the debt of the central government increased by 13.9 billion; that of local governments and social security institutions remained essentially unchanged.
stable tax revenue: 27.8 billion
The tax revenues accounted for in the state budget amounted to March to 27.8 billion, essentially unchanged from the same month of 2015. This was announced by the supplement to the Bank of Italy’s statistical Bulletin. In the first quarter of 2016 tax revenues were amounted to 89.6 billion, up by 3.9 billion (4.6 percent) compared to those for the same quarter last year. Net of certain accounting and temporal heterogeneity (mainly concerning the income tax, VAT and fees Rai), it can be estimated that the growth was significantly more modest, noted Bank of Italy.
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