The state budget revenues in 2017 will total 32 839 162 lei, an increase of 10.8% on 2016. The expenditure was projected at 36 994 768 lei (+9.4%), the deficit being of 4 155 606 lei, IPN reports, quoting a bill approved by the Cabinet.
Over 86% of the revenues will be collected in taxes.
As regards expenditure, the costs for services in the economic sector will rise by 18.6% on 2016, for social protection by 10.3%, for education by 7.3%, while for state services with special destination by 10.9%.
The spending on education will represent 24.4% of the total expenditure, on social protection 20.1%, on state services with special destination 16.7%, on services in the economic sector 15.5%.
The GDP growth in 2017-2019 is forecast at 3-3.5%, the increase in industrial production at 4.3%, in exports at 10%, while in imports at 9%.
Prime Minister Pavel Filip said the state budget for next year is rather balanced.
