Government’s Consolidated Fund registered a deficit of €161.6 million in the first nine months the year, according to the National Statistics Office.

The NSO said that compared to the same period last year, recurrent revenue recorded an increase of €285.6 million which outweighed the rise in expenditure of €163.3 million, resulting in a positive change in the government’s consolidated fund of €122.3 million.

In the first three quarters of this year, recurrent revenue was recorded at €2,512.9 million, up from €2,227.3 million last year.

The interest component of the public debt servicing costs stood at €173.4 million, up by €1.4 million from last year.

Government’s capital expenditure was recorded at €303.3 million, up by €24.1 million from last year.

At the end of Septembe, Central Government Debt stood at €5,406.3 million, an increase of €58.9 million over the corresponding period last year.

The euro coins issued in the name of the Treasury went up by €5.9 million when compared to the coin stock as at the end of September 2014, and totalled €65.4 million.

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