Benvenuto sul sito del Ministero dell’Economia e delle Finanze, conosciuto anche come Portale mef

Contenuto principale

- In September 2021 the State Sector working balance shows a borrowing requirement of 15.3 billion euros

Press release N° 184 of 10/01/2021

In September 2021, the State Sector working balance is provisionally estimated at Euro -15,300 million, with an improvement of about Euro 6,700 million in comparison to the corresponding month of 2020 (Euro -22,000 million). In the first nine months of the current year, the working balance is estimated at Euro -85,500 million, with an improvement of about Euro 42,800 million with respect to January-September 2020 (Euro -128,310 million). The updated estimate of the State Sector working balance in August 2021 is available on the State General Accounting Department website.

Comment

Compared to the previous year, the improvement in September 2021 State working balance is mainly due to higher fiscal revenues, thanks to the self-assessment taxes due by those tax-payers who apply Tax Compliance Indicators (so called ISA) whose deadline for payments has been postponed from June 30 to September 15 in the current year and to higher revolving funds for community policies. Higher revenues have been partially offset by the increase in Local and Central Government expenditure, which includes a 700 million financing for the establishment of the NewCo for air transport.

Interest expenditure on Government bonds have decreased by about Euro 500 million.

Rome 10/01/2021
IT