Moldova Budget Revenue Amounted to 16,6 bln Leis for 9 Months
OREANDA-NEWS. October 20, 2009. The national public budget revenue from January 1 up to September 30 amounted to 16.6 billion leis, or 47.6% of the plan for 2009 and 1.6 billion leis less than in 2008. According to the Minister of Finance Veaceslav Negruta, national public budget expenditure has been executed in the amount of 19.4 billion leis, accounting for 55% of the approved.
The national public budget deficit is as follows: the state budget deficit - 1,8, the administrative-territorial units’ deficit - 39 8 million leis, the social insurance budget deficit- 700 million leis, deficit of the mandatory health insurance funds - 250 million leis. The Minister noted that during 2009 and late 2008, the former authorities have made a number of decisions and decrees contrary to the applicable legislation, which provided the increase in costs without coverage in the state budget. "The sum of these solutions made 2,8 billion leis. Thus the situation has deteriorated, as on the one hand, the incomes made less than planned, while the obligations of the state budget were artificially overstated "- explained Negruts. If we take into account these unfunded obligations of the budget, the size of the deficit makes 16% of the GDP - 8.5 billion leis. But since this time the necessary adjustments, which reduced the budget deficit up to 12.5% of GDP, were made.
The Minister explained that this is reduction in wages, adjustments of the certain expenses related to the purchase of goods and services and capital expenditure. "At the same time, the situation with the credit debts, goods and services without funding, which give rise to the increase of the overall debt, remain acute.
“In situation when incomes make only 50% of the budgeted annual plan, we are making efforts to collect obligations owed to the state budget through the customs and tax inspections”-he noted. “This is the receipt of dividends from the state enterprises and accumulation of incomes from the activity of the joint stock companies where the state has the majority share ", -Veaceslav Negruta stressed.
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