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According to the final State Budget Execution data for January – August 2016, the budget balance recorded a deficit of ca €1.04 bn, €2.84 bn narrower relatively to the respective 2016 Budget (B16) target (deficit €3.88 bn). The primary balance recorded a surplus of ca €3.75 bn, significantly outperforming the B16 target (primary deficit €0.98 bn).