
The Parliament of the Republic of Moldova adopted in the second reading amendments to the Law on the State Budget for 2021, increasing its revenues and expenditures, but reducing the deficit.
In particular, the approved amendments provide for an increase in the revenues of the state budget of Moldova for 2021 by 3 billion 679.2 million lei (+ 8.9%) - from 41 billion 415.4 million to 45 billion 094.6 million lei, an increase in expenditures by 1 billion 224.5 million lei (+ 2.2%) - from 56 billion 008 million 134.7 thousand to 57 billion 232.6 million lei, as well as reducing the state budget deficit by 2 billion 454.7 million lei (- 16.8%) - from 14 billion 592.7 million to 12 billion 138 million lei. As the Minister of Finance Dumitru Budianschi noted earlier, the adjustment of revenues, expenditures and budget deficits is made in connection with the new forecast of macroeconomic indicators for this year, as well as taking into account the progress of the execution of the state budget for 8 months in 2021. In particular, the increase in budget revenues is associated with an increase in tax and duty receipts against the background of the recovery in economic activity after last year's crisis, as well as against the background of growth in various sectors of the economy and an increase in exports. The largest increase in budget expenditures is associated with the Program in the road sector, the National Fund for the Development of Agriculture and Rural Areas, the repair of local roads, the replenishment of emergency funds of the government, the health sector, and personnel costs. As a result of the amendments, the national public budget will change as follows: its revenues will amount to 72.8 billion lei (+ 8.8%), expenditures - 85.5 billion lei (+ 4.4%), budget deficit - 12.7 billion lei. // 15.10.2021 – InfoMarket