Improve the needs of the state sector. Based on the preliminary data for the month of December, in 2014 there is a reduction of 3,5 billion compared to 2013, to 76,8 billion. Preliminary data have been published by the Ministry of the Economy.
In comparison with last year, the positive result is related to a limited expenditure dynamics, in the presence of a drop in tax receipts attributable, among other things, to compensation from employers for the disbursement of the so-called "80 euro bonus". On the payments side, higher interest expenditure on debt was recorded due to the different coupon repayment profile and lower payments for financial transactions. In particular, in 2013 payments were made for participation in the capital increase in favor of the European Investment Bank and for the subscription of financial instruments in favor of Monte dei Paschi di Siena.
In the month of december the surplus of the state sector is estimated, on a provisional basis, at 5,1 billion, which compares with the 15,58 billion realized in December 2013. In comparison with the same month of the previous year, a reduction in tax collections is recorded, which discounts in turn, the lower payments by entities carrying out financial, credit and insurance activities for which the Ires and Irap rates had been increased in December 2013. We also note: an increase in withdrawals from treasury accounts, also due to the payments of public administration debts, higher payments for interest on public debt due to a different scheduling of deadlines, as well as higher contributions to the Community budget.
