- By country
- By industry
- By topic
- Top 100
TIRANA (Albania), June 19 (SeeNews) - Albania posted a budget surplus of 6.3 billion leks ($53 million/47.5 million euro) in the first five months of 2017, compared to a surplus of 18.3 billion leks a year earlier, according to preliminary data released by the finance ministry.
The decline resulted from a 16.4% increase in total expenditures to 170 billion leks, as both current and capital expenditures rose, the data showed.
Total budget revenue grew 7.3% to 176.3 billion leks.
Albania recorded a budget deficit of 26.7 billion leks last year, lower than planned 35.7 billion leks shortfall.
Details follow (in billions of leks):
|- tax revenue||163.4||398.2||150.2|
|- non-tax revenue||10.5||24.4||10.3|
|- current expenditure||147.1||390.2||131.6|
|- capital expenditure||22.1||74.4||12.9|
(1 euro = 133.018 euro)