Albania's Jan-May budget surplus falls on higher expenditures - table
Author: Ministry of Finance of Albania. Licence: All rights reserved.
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):
| 5-mo'17 | Full-yr plan | 5-mo'16 | |
| Deficit/Surplus | 6.3 | -31.2 | 18.3 |
| Total revenue | 176.3 | 436.4 | 164.3 |
| - tax revenue | 163.4 | 398.2 | 150.2 |
| - non-tax revenue | 10.5 | 24.4 | 10.3 |
| - grants | 2.3 | 13.8 | 3.9 |
| Total expenditure | 170 | 467.6 | 146 |
| - current expenditure | 147.1 | 390.2 | 131.6 |
| - capital expenditure | 22.1 | 74.4 | 12.9 |
(1 euro = 133.018 euro)
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