Albania's Jan-Apr budget surplus rises 35% y/y

Consolidated budget revenue rose 11.6% year-on-year to 231.64 billion leks in the January-April period, whereas expenditures increased by 7.4% to 185.8 billion leks, the finance ministry said in a statement, quoting preliminary figures.

Tax revenue increased by 12.2% to 129.5 billion leks, with value-added tax proceeds down 5.2% to 24.5 billion leks.

Albania's consolidated budget was in deficit of 31.3 billion leks at the end of 2023, finance ministry data showed last month.

(1 euro = 100.4 Albanian leks)