Central Gov’t cash deficit down 22pct in Jan-Nov

Greece’s Central Government cash deficit was trimmed by 22 percent in the 11-month period January to November 2010, according to figures released on Friday by the Bank of Greece (BoG).

In the January-November 2010 period the Central Government cash deficit (net balance of the state budget including movements in public debt management accounts) decreased to 21,379 million euros from 27,466 million euros in the corresponding period of 2009.

During this period, the ordinary budget revenue increased to 45,502 million euros from 43,210 million euros last year.

Ordinary budget expenditure decreased to 59,611 million euros compared with 64,357 million euros in January-November 2009.