logo

Amendments proposed to state budget law


https://www.ipn.md/en/amendments-proposed-to-state-budget-law-7966_1032592.html

The Ministry of Finance has modified the bill to amend and supplement the 2017 state budget law. Both the state budget revenues and expenditure could be increased by 385.9 million lei. The budget deficit remained unchanged. The draft law was published on particip.gov.md, IPN reports.

According to the Ministry of Finance, the bill was amended in order to adjust the budget indicators, given the rise in allocations from the state budget to the local budgets and the allotment of a part of the road fund to these. A liquidity reserve will be formed so as to improve the management of the state debt.

In this connection, it is proposed increasing the balance of the internal state debt and, correspondingly, the balance in accounts at the end of 2017.