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Debt: new record in June, rising 11 billion to 2,766 billion

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Tourist tax worth 472 million in 2022, + 79.5% on 2021 (ANSA)

Public debt increased by 11.2 billion in June and reached 2,766.4 billion euros, reaching a new record in absolute values. This is what emerges from the data reported in the Public Finance Supplement of the Bank of Italy bulletin. Since the beginning of the year, when the debt stood at 2,714.2 billion, growth was 1.9%.
The recovery of the economy but also the rise in prices meanwhile push the revenue from the tax authorities. In the first half of the year – has calculated the Bank of Italy – tax revenues amounted to 218.1 billion, an increase of 11.9 percent (23.2 billion) compared to the same period last year.
These are aggregated data that take into account only the cash trend from which it is difficult to identify the individual components of revenue growth. In June, tax revenues accounted for in the state budget amounted to 36.0 billion, an increase of 10.4% (3.4 billion) compared to the same month in 2021.

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Source: Ansa

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