General budget execution on January through October 2015 closes 1.28pct of GDP

The general budget execution on January through October 2015 closes with a surplus worth 9.04 billion lei, namely 1.28pct of the Gross Domestic Product, as compared to the 1.9 billion lei surplus, namely 0.29pct of the GDP recorded in the similar period of 2014, according to data released by the Public Finances Ministry on Wednesday. 

The incomes of the general budget, worth 191.6 billion lei, representing 27.2pct of the GDP, were in the ten months of 2015 by 7.9pct higher in nominal terms against the same period of 2014, and by 0.6pct weight in the GDP. 

The expenditure of the general budget went up to 182.6 billion lei, on an uptrend in nominal terms by 4pct as compared to the same period of 2014, yet they diminished by 0.4pct weight in the GDP. 

A significant growth is noticeable by 36pct against the same period of 2014 of the expenditure with the financing projects from foreign grants. 

The investment expenses, that include the capital expenditure and the ones regarding the development programmes funded from domestic and foreign sources, were worth 22.7 billion, or 3.2pct of the GDP, in nominal terms by 11.6pct higher than the similar period of 2014.

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