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MFP: in the first two months of 2017 there was budgetary excess

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According to the operational data, the execution of the consolidated general budget for the first two months of 2017 ended with an excess of 397.1 million lei, respectively 0.05% of GDP against 788.1 million lei, respectively 0.10%of GDP during the same period of 2016, says the ministry of public finances (MFP).

The income of the general consolidated budget worth 34.9 billion lei representing 4.3% of GDP were 1.4% less, nominal terms, against the similar period of the previous year.

There were increases against the previous year for collections from income tax and salary tax (+13.6%) social contributions (+11.9%) foreign commerce tax and international tradings (+18.8%) and capital income (+76.8%).

Collections from other taxes on goods and services increased by 90.9% against the same period of the previous year, the growth being determined mainly, by the evolution of the collections for contribution for pharma, as well as the cost-volume/cost-volume-result contracts financed by the budget of the National Single Fund for social health insurances.

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