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April fiscal deficit Ft 115 bln, better than expected

Public deficit of April was Ft 115 billion excluding local government deficit, instead of the previously expected Ft 159.2 billion, the Finance Ministry said late on Tuesday.

Accumulated deficit in January-April was Ft 904.2 billion. General budget deficit was Ft 111.5 billion in April, social security funds were in the red by Ft 9.5 billion, while the separate state funds had a Ft 6 billion surplus.
Deficit in the first four months amounts to 58.5% of the annual plan.