Parliament approves budget tweaks
https://www.ipn.md/en/parliament-approves-budget-tweaks-7966_998962.html
Parliament on Thursday adopted adjustments to this year's State Budget, reducing planned revenues by 334 million lei (1.5%) and spending by (1.9%). The Communists and the Dodon group opposed, Info-Prim Neo reports.
Minister Veaceslav Negruta noted that revenues accumulated throughout the year is expected to be by about 900 million lei lower than initially planned. In particular, 400 million lei will be missed from VAT on imports and 95 million lei from alcohol and beer excises. A further 260 million lei will be missed from foreign sources.
The Finance Ministry plans to recover part of the missed revenues by issuing two mobile 4G licenses, accept imports of cars older than seven years, and increase the cost of gambling licenses by 60% and other licenses by 30%. These measures are expected to produce 400 million lei.
Spending cuts include a reduction in personnel expenses by 110 million lei and this involves delaying salary raises for public officials.
The adjusted 2012 State Budget provides for revenues of 21,330,082,500 lei, spending of 21,039,082,500 lei, and a resulting deficit of 906 million lei, by 91 million less.
