Revenues of the national public budget of Moldova in 2020 were exceeded by about 1.2 billion lei and amounted to 62.1 billion lei instead of the planned 60.9 billion lei.
Deputy Prime Minister, Finance Minister Sergiu Puscuta announced this at a press conference on Thursday, noting that, despite the economic crisis, the State Tax Service and the Customs Service, thanks to effective work, managed to ensure the receipt of the planned funds into the treasury and overfulfill significantly the fee targets. At the same time, expenditures of the national public budget at the end of 2020 amounted to 73.1 billion lei, which is 4.2 billion lei (-5.4%) less than the previously planned indicator (77.3 billion lei). This was the result of actions to save funds at the central and local levels, prioritize and rationalize costs. At the same time, the volume of capital investments amounted to 7.2 billion lei or 200 million lei more than a year earlier. In the consolidated budget, spending on social protection this year was provided at the level of 26.5 billion lei against 23.4 billion lei a year earlier, for health - 11.2 billion lei instead of 8.6 billion lei in 2019, for road infrastructure - 6.5 billion lei against 5.4 billion lei a year earlier. As a result, the national public budget deficit expected by the end of 2020 will amount to 11 billion lei (5.4% of GDP) instead of the previously projected 16.4 billion lei (8% of GDP). As of December 31 of this year, all necessary payments from the budget (salaries, pensions, benefits, etc.) were conducted and all payment documents submitted by budgetary institutions to the State Treasury were fully funded. The balance of funds in the accounts of the national public budget as of December 31 of this year exceeded 6.75 billion lei, which is 2.1 billion lei more than the balance at the beginning of 2020. // 31.12.2020 - InfoMarket.
