portugal public deficit falls to 71 of gdp in first half
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Portugal public deficit falls to 7.1% of GDP in first half

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Arab Today, arab today Portugal public deficit falls to 7.1% of GDP in first half

Arab Today

The public deficit in bailed-out Portugal dipped to 7.1 percent in the first half of 2013, down from 7.8 percent a year ago, data from the national statistics office showed Monday. The drop was brought on by improved tax receipts and government budget cuts, INE said, but it remains widely off a 5.5 percent deficit target agreed for the end of this year with the country's EU-IMF creditors.

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