The examination of the provisional results of the execution of the state budget at the end of October 2018 shows a budget deficit of 3.59 billion dinars against a deficit of 4.42 billion during the same period of t 2017, i.e. an improvement of 840 million dinars or 19%, Ilboursa reported.
In fact, the State’s own resources increased during the first ten months of the year by 14.8% or 2.8 billion dinars to 22.27 billion dinars.
This growth is explained, on the one hand, by the rise of tax revenues by 15.4% to 20.2 billion dinars and non-fiscal revenues by 9.3% to 2 billion dinars, on the other hand.
On the other hand, borrowing and cash resources decreased by 8.2% at the end of October to 7.87 billion dinars against 8.58 billion a year earlier.
As for total expenditure, it rose by 7.8% from 27.9 billion dinars at the end of October 2017 to 30.15 billion at the end of last October including 25.8 billion of expenditures excluding principal debt, up 9.1%.
The 2018 budget law provides for tax revenues of 23.5 billion dinars (+ 10.8%), expenditure of 35.95 billion (+ 4.8%) and a budget deficit of 5.2 billion dinars, or 4.9% of GDP.
