Public Administration debt fell to €3.053,5 billion in May

Last May, general government debt decreased by €10,0 billion compared to the previous month, reaching €3.053,5 billion. This was reported by the Bank of Italy in its publication “Public Finance: Borrowing Requirement and Debt,” which includes data for May 2025 on general government debt and borrowing requirement, and tax revenues recorded in the state budget.

The decrease reflects the reduction in the Treasury’s liquid assets (23,2 billion, to 46,2), partially offset by the public administration’s requirement (12,1 billion) and by the effect of discounts and premiums on issuance and repayment, the revaluation of inflation-indexed securities and the change in exchange rates (1,2 billion).

In May, tax revenues recorded in the state budget amounted to €43,6 billion, an increase of 0,7 percent (€0,3 billion) compared to the same month in 2024. In the first five months of 2025, tax revenues amounted to €213,5 billion, an increase of 3,3 percent (€6,8 billion) compared to the same period of the previous year.

Public Administration debt fell to €3.053,5 billion in May

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