Moldova's state budget was short of 842.8 mln lei of early October


Revenues to the state budget lag behind of schedules each month. Thus, in early September, the state budget fell short of 368 million lei (US$30 million). As of October 1, the earnings lag increased two-fold, up to 842.8 million lei (US$70 million).

According to data of the Ministry of Finance, in the first nine months of 2012, revenues to Moldova’s state budget made 14.282 billion lei (US$1.175 million) which is 10% more than against the equivalent period of 2011.

Thus, the main revenues to the state budget stand at 12.702 billion lei, which is 2.4% less than the estimates, although 10.4% more than the figures recorded last year.

State institutions financed from the state budget gathered incomes of 899.9 million lei (which is 7.8% less than expected) from special funds, which stood at 260.7 million lei.

Revenues from projects financed from external sources are twice lower than planned – 420.9 million lei. Grants made 389.8 million lei from this amount, including 369.9 million lei in foreign grants.

The spending of the state budget in early October stood at 15.17 billion lei (US$ 1.248 million) which is 12.1% lower than forecast. Compared with the equivalent period of 2011, the spending went up 6.4%.

The deficit of the state budget made 887.8 million lei (US$73 million). The state debt as of September 30, 2012 made 20.529 billion lei (US$1.69 billion), increasing by 1.302 billion lei since early 2012.

Adapted from Infotag

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