The budget deficit remained high at the end of June, standing at €2.416 billion, or 1.9% of gross domestic product (GDP). This is according to data released by the Ministry of Finance on the implementation of the Consolidated Fiscal Programme.
Despite this, there has been a slight improvement compared with the end of May, when the budget deficit reached a record high of more than €2.5 billion, or 2% of GDP.
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