At the end of last December, active tax debt amounted to EUR 766.5m (60.5%), while the remaining EUR 500.6m was conditionally recoverable tax debt.
Last year tax debt was down by EUR 53.7m or 4.1%, with the trend continuing for the fourth consecutive year. Since the Financial Administration (FURS) was established in 2014, it has been down by 15.4%.
The government also confirmed the closing account of last year's budget. The budget saw EUR 8.83bn in revenue, or 0.2% less than planned, while expenditure amounted to EUR 9.16bn (3.9% less than planned) in 2017.
The budget deficit, which amounted to EUR 326m, was also below the expected.
The government also adopted a consolidated state and municipal property balance sheet, which shows that the value of the financial and real property owned by the state and municipalities amounted to EUR 46.97bn at the end of 2017, which is 2.45% more year-on-year.
