Punjab had recorded budget surplus
of Rs48.8 billion.
In January 2018, the state budget surplus
was 11.4% to GDP or 3.4 billion soms, according to the Bank.
Bureau of the Treasury (BTr) data revealed the budget surplus
for the first month of the year rose by 337 percent if compared to the P10.2-billion budget surplus
posted in January 2018.
Compared with the same period last year, the budget surplus
marked an increase of 80%, mainly owing to reduced expenditure execution.
Lithuania posted a budget surplus
of 0.7 per cent, but Estonia showed a deficit of 0.1 per cent.
Samuel Tombs, chief UK economist of Pantheon Macroeconomics, said the public finance figures for May "cast more doubt" over whether Mr Osborne can achieve a budget surplus
by the end of this parliament.
Qatar may well end the financial year on a budget surplus
despite the slump in global oil price by about 25% since June due to a glut in the market, weaker demand and a gloomy global growth outlook.
Saudi Arabia is heading for a record budget surplus
this year, with actual revenues expected to exceed SR1.17 trillion, SR315 billion more than what was projected in the budget set by the Finance Ministry, economists and researchers said.
Athens, Shawwal 11, 1435, Aug 7, 2014, SPA -- Greece achieved a primary budget surplus
Data from the Department of Finance (DOF) showed the government incurred a rare P11.78-billion budget surplus
in May, a turnaround from the P13.16-billion fiscal deficit in the same month last year.
Gulf Arab states are likely to see shrinking fiscal surpluses over the next two years as government spending stays high while oil output and crude prices are expected to ease, a Reuters poll showed.Saudi Arabia's budget surplus
, which the International Monetary Fund (IMF) estimates was 8.3 per cent last year, was expected to shrink to 4.9 per cent of gross domestic product (GDP) this year and 3.7 per cent in 2015.
He also said the non-interest budget surplus
was TL 6.9 billion in January and the central budget surplus
TL 1.9 billion in the same month.
The Arabian Gulf state of Kuwait's budget surplus
shrank by 11 per cent over the first nine months of its fiscal year as spending
"There is an agreement with the EU whereby, if we achieve our objectives, including a primary budget surplus
, we can count on an easing of our debt, for instance in the form of longer maturities and lower rates," said Samaras.
Summary: Budget surplus
drops 11% to 14.34 billion dinars ($50.7 billion) at end of December compared to 16.1 billion dinars in same period of previous year.