Bank of Italy: rooms still the public debt, a record 2.241 billion in May – The Republic

MILAN – even salt the debt of public administration: in May recorded a record $ 2.2418 trillion, an increase of 10.9 billion compared to previous month. “The increase”, spike the Bank of Italy in the notes dedicated to the performance of the debt, “is due to the increase in Treasury cash and cash equivalents (8 billion more on the current account of the Treasury, to the portion of EUR 72.7 billion at the end of May 2016), the requirement of the month (2.1 billion) and to the overall effect of waste and bonus issue of revaluation of securities indexed to inflation and the depreciation of the euro (0.8 billion) ” .

unpacking the data by sub-sectors, detailing even via Nazionale, “the central government debt increased by 10.5 billion and the local government of 0.4 billion, the debt of social security institutions remained substantially unchanged “.

from the note also shows the trend in tax revenues: in the month in question totaled 33.8 billion (31.0000000000 in the same month of 2015). “In the first five months of 2016, tax revenues were amounted to 152.3 billion, up 4.2 percent compared to those for the same period last year, net of certain accounting and temporal heterogeneity (regarding primarily the personal income tax, VAT, inheritance tax virtual stamp fees Rai), it can be estimated that the growth has been significantly lower. “

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debt

Bank of Italy

Bank of Italy

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