ROME (ITALPRESS) – Last September, general government debt increased by 0.7 billion from the previous month to 2,962.3 billion; general government requirements (25.5 billion) more than offset the reduction in Treasury liquidity (24.9 billion, to 40.3). This was announced by the Bank of Italy.With reference to the breakdown by subsectors, the debt of central government increased by 0.4 billion, that of local government by 0.3 billion. By contrast, the debt of social security institutions remained essentially stable.The average remaining life of debt – unchanged from the previous month – was 7.8 years. The share of debt held by the Bank of Italy decreased to 22.3 percent (from 22.7 in the previous month). In August (the latest month for which this data is available), the share of debt held by nonresidents increased to 29.8 percent (from 29.5 last July), while that held by other residents (mainly households and nonfinancial firms) remained essentially stable at 14.4 percent.In September, tax revenues recorded in the state budget totaled 38.5 billion, up 8.6 percent (3 billion) from the corresponding month of 2023.In the first nine months of 2024, tax revenues totaled 410.1 billion, up 5.7 percent (22.3 billion) from the corresponding period of the previous year.
– Photo Agency Photogram –
(ITALPRESS).
