10-Jul-2019
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According
to official data released by the Ministry of Finance, the budget deficit
decreased by 11.12 percent after external grants, reaching 483.5 million
dinars, by the end of last May, on an annual basis.
The deficit in the state
budget before foreign grants rose by 11.89 percent at the end of last May on an
annual basis to reach 574 million dinars.
The volume of external grants
stood at 90.5 million dinars in 5 months, up 12.6 percent year-on-year.
Total domestic revenue rose by
3.29 percent in 5 months, to 3.029 billion dinars.
The budget was affected by an
increase in total spending during the five months of this year by 4.56 percent
year-on-year to reach KD 3.603 billion.
Current expenditures rose by
5.2 percent to KD3.315 billion during the five-month period, while capital
expenditure fell 2.4 percent to KD287.7 million.
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