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2016 budget revenues surpassed targets by 2.44 bln euros

Budget revenues again surpassed targets in November by 2.44 billion euros in the January-November period, according to official figures released on Tuesday.

The Public Revenue Secretariat General, in provisional figures on budget execution, said net revenue in November totaled 4.544 billion euros, up from a budget target of 4.474 billion euros, or an increase of 1.56 pct. In the 11-month period, revenue surpassed budget targets by 2.44 billion euros to 44.585 billion, from a target of 42.145 billion euros, an increase of 5.79 pct.