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According to the final State Budget Execution data for January – July 2017, the budget balance recorded a deficit of ca €1.35 bn, ca €0.93 bn narrower relatively to the respective Medium Term 2018-21 (MTFS) target (deficit €2.28 bn). The primary balance recorded a surplus of ca €3.02 bn, outperforming the MTFS target by €0.93 bn (primary surplus €2.10 bn).