Α report by “N” last week of 2.5-billion-euros worth of new measures in the 2017 draft budget was confirmed on Monday with its expected tabling in Parliament.
Α report by “N” last week of 2.5-billion-euros worth of new measures in the 2017 draft budget was confirmed on Monday with its expected tabling in Parliament.
Exactly 56.4 percent of projected tax revenue for 2017 will come from indirect taxes, while income tax revenue is forecast to be higher by 14.5 percent, compared to the 2016 budget.
Based on the draft budget presented, the state expects revenue revenues to reach 51 billion euros, of which 20.4 billion will come from direct taxes – less by 296 million euros from 2016 budget. The rest, 26.443 billion euros is projected from indirect taxes, including hikes as of Jan. 1 on fuel, cigarettes, coffee, mobile phone bills etc.
The goal for the property tax remains at a more paltry 2.65 billion euros in 2017, whereas the government lists the 1.234 billion euros it expects to pocket from the final transfer of 14 regional airports to a German-Greek consortium in January 2017.
Total revenues from memorandum-mandated privatizations is calculated at 2.59 billion euros – a very far cry from the figure of 50 billion euros cited by the representatives of the “troika” of creditors back in 2011.