The Treasury reported that as of the end of May 2026, the implementation of the state budget reached 35% for revenue, totaling €3.8 billion, and 32% for expenditure at €3.7 billion. These figures are consistent with the same period in 2025, though total revenue increased modestly, primarily due to rises in indirect and direct tax collections.

Indirect taxes rose by 7% to €1.42 billion driven largely by increased value-added tax receipts, while direct taxes increased by 8%, reaching €1.29 billion with higher income tax payments from individuals and legal entities. On the expenditure side, increased spending on transfers, subsidies, social benefits, and operational costs were noted, offset slightly by a minor decrease in salaries, pensions, and gratuities.

Capital expenditure implementation stood at €111.3 million, exceeding the decade average rate with investments in infrastructure and government assets. Loan inflows and outflows showed significant variances compared to last year due to timing differences in European Medium Term Notes issuance. Additionally, co-funded projects, sponsorships to academic institutions, and social benefit distributions marked notable disbursements during this period.