A state sector surplus of 2,200 million was recorded on a provisional basis in July 2008, 1,400 million less than the positive balance of 3,649 million for July 2007.
In the first seven months of 2008, a total requirement of around 21,124 million was recorded, around 1,600 million less than the figure of 22,707 million for the same period in 2007.
July's surplus reaped the benefit of a positive trend in revenue from self-assessment, for the most part due to the partial clawback of payments from large-sized businesses deferred from June.
The highest tax yield was more than offset by payments that demonstrated a sustained trend as regards both central public administration and government bodies on a local level.
Recorded in the surplus for the month were, in particular, the advance payments to regional authorities to settle previous health service debts as a result of the 2008 Finance Act, as well as the �bonus' payment to those in receipt of the minimum pension, pursuant to Law by Decree 81/2007, converted into Law No. 127/200.