The government amended the state budget for 2023, reducing its revenues and expenses by 497.8 million lei and redistributing some components.
According to the approved draft document, after the introduced amendments, the revenue part of the budget will be 65 billion 776.7 million lei, and the expenditure part will be 84 billion 104 million lei. The state budget deficit will not change and will amount to 18 billion 327.3 million lei (5.9% of GDP). The changes were made in connection with the adjustment of the macroeconomic forecast for the current year and in the context of the actual execution of the state budget in January-August 2023. The structure of state budget revenues provides for a decrease in the base component by 150.6 million lei and income from projects financed from external resources - by 347.3 million lei. In particular, revenues from taxes and fees will decrease by 870.4 million lei (1.5%) (the budget will not receive 2 billion 464.7 million lei from VAT levied on the import and export of goods), while by 1 billion 030 million lei will increase income from the payment of income tax by legal entities and by 47.9 million lei - by individuals, income from the payment of excise taxes will increase by 52.1 million lei, and the amount of fees for foreign trade and internal transactions will increase by 485 million lei. The grants component of the state budget will decrease by 130.8 million lei (grants for financing projects will decrease by 361.6 million lei; grants for budget support will increase by 230.8 million lei). Receipts from other incomes and transfers from other budgets will increase by 501.7 million lei (due to an increase in income from state property by 347.4 million lei, the amount of fines and penalties - by 77.9 million lei, etc.) and, accordingly, by 1.6 million lei. As for expenses, current expenses will decrease by 5.2 million lei - to 77 billion 129.6 million lei, capital expenses will decrease by 492.7 million lei (-6.6%) - to 7 billion 467.1 million lei Expenditures related to projects financed from external funds will be reduced by 628.4 million lei - to 3 billion 864.8 million lei, mainly due to the reduction of costs for some projects that will be implemented next year (including the project interconnection of the electrical power systems of Moldova and Romania through a back-to-back station, the Moldova Water Security and Sanitation project, the Moldova Solid Waste project, the Improvement of Fire Safety Equipment project). The amount of appropriations for special purposes has been adjusted. Thus, the amount of deductions for the road fund was increased from 2 billion 221.3 million to 2 billion 232.7 million lei, and the maximum limit of annual deductions from the total volume of excise taxes on petroleum products, with the exception of liquefied gas, was increased from 70.94% to 73.89%. The size of the National Fund for Regional and Local Development was also increased - from 1.02 billion to 1.32 billion lei; The National Fund for Agricultural and Rural Development - from 1.6 billion to 1.7 billion lei, while the size of the Energy Vulnerability Reduction Fund was significantly reduced - from 5 billion to 3.55 billion lei. Allocations to the Fund for the Voluntary Association of Settlements (50 million lei) were cancelled. Expenses for supporting the activities of theaters, circuses and concert organizations were increased - from 225.6 to 239.2 million lei, as well as expenses for the renovation and construction of sanitary blocks in educational institutions - from 25 million to 26.1 million lei. At the same time, the size of the Population Support Fund was reduced - from 134.1 million to 93.7 million lei, including the financing of the minimum package of social services by second-level local public authorities - from 118.1 million to 77.7 million lei; expenses for financing capital investments by budgetary authorities - from 2.3 billion to 2.03 billion lei. The government Reserve Fund was increased from 500 thousand to 600 thousand lei, the budget of the Prima Casa (First House) program - from 200 million to 220 million lei. 82.1 million lei were allocated to cover the costs of heat and energy supply services to universities, improving living conditions in dormitories and equipping universities, as well as one-time exceptional payments to employees of state educational institutions. // 04.10.2023 - InfoMarket.
