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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