2012 Chisinau budget slightly larger than this year
The 2012 budget of Chisinau municipality may increase insignificantly compared with 2011. The head of the General Finance Division Veronica Herta said the budget has been practically designed. It provides for incomes of 2.397 billion lei, Info-Prim Neo reports.
Compared with the budget for 2011, the incomes increased by 507.6 million lei. The social costs represent 54.2% of the projected expenditure of 2.610 billion lei, while the economic costs – 16%. A sum of 284 million lei will go to implement investment projects, 183 million lei of which for the projects launched in 2011.
Deputy mayor Mihai Furtuna said there is a divergence with the State Main Tax Inspectorate as regards the revenues. The municipality planned incomes of 2.397 billion lei, while the State Main Tax Inspectorate approves incomes of only 2.161 billion lei, the difference being of over 200 million lei. The divergence derives from the tax on the incomes of economic entities that will be 12% from next year. Currently, it is zero.
According to representatives of the Tax Inspectorate, it is the first year that the tax will be put and it is hard to make assessments as the economic entities will declare their incomes only in March 2013.
The 2011 Chisinau budget provides for incomes of 1.889 billion lei and an expenditure of 2.310 billion lei.