ROMA (ITALPRESS) – In July the debt of public administrations decreased by 1.5 billion compared to the previous month, attesting to 3.205.8 billion. The Bank of Italy communicates this in the bulletin “Public Finance: Requirements and Debt”. The decline reflects the cash surplus of 16.1 billion, partially offset by the increase of 14 billion of the Treasury’s liquid assets, increased to 75.7 billion, and by the effects of discards and premiums on issue and reimbursement, the revaluation of inflation indexed securities and the change in exchange rates, totalling 0.5 billion. The debt reduction is attributable to the decrease of 1.1 billion of central administrations and 0.3 billion of local administrations, while the debt of the social security institutions has remained unchanged. The residual average life of the debt remained stable at 7.9 years. The share held by the Bank of Italy fell to 16.6%, from 16.7% of June. In the last month available, June, the share held by non-residents rose to 36.1%, from 35.9%, while that of other residents, mainly families and non-financial enterprises, increased to 14.6%, from 14.5%.
A LUGLIO ENTRATE TRIBUTARIE +7,5% A 73,5 MLD
In July, tax revenue accounted for in the state budget amounted to 73.5 billion, up 7.5%, amounting to 5.2 billion, compared to the same month of 2025, also due to the one-off payment of a replacement tax for the postage of certain unavailable reserves of banks. The Bank of Italy communicates this in the bulletin “Public Finance: Requirements and Debt”. In the first seven months of 2026 the tax revenues reached 334.4 billion, an increase of 2.7%, equal to 8.8 billion, compared to the same period of the previous year.
– photo IPA Agency –
(ITALPRESS).
