More than 530 billion lek or about 5.1 billion euros were added to the state coffers until the end of last month. Data from the Ministry of Finance and Economy show that compared to January-October of the previous year, revenues have increased by almost ALL 55 billion or 11.4 percent.
Taxes that businesses pay on their profits and individuals on the wages they receive are two of the items that have affected revenue collection, more than even the most optimistic forecasts. Also, more money was collected from the excise tax on cigarettes, fuel and alcoholic beverages. Meanwhile, the drop in prices in Europe has influenced the collection of less money from the Value Added Tax on imports. revenues have also declined in terms of taxes and royalties.
Mainly for investments in infrastructure investments, 482.6 billion lei came out of the state coffers between January and October. compared to a year ago, expenses have increased by almost 17 billion ALL or 3.2 percent.
Despite the slight expansion of expenses, the collection of more income has made the economy close the balance of the months of January-October with a positive balance, saving 48 billion ALL.
The Ministry of Finance and Economy already plans to collect 650.1 billion ALL by the end of the year from the 631.7 billion it believed at the end of last year when the draft budget was drawn up. (A2 Televizion)
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