The Government expects revenues to the state budget to amount to 246,000 billion ROL this year, up 5,300 billion ROL from the original estimates. According to the rectified budget, the increase will come from indirect taxes, which are expected to exceed 180,000 billion ROL. Half of the amount results from the Value Added Tax (VAT).
The Government estimates to collect some 55,000bn ROL originating from excises (9,000bn ROL higher than the initial calculation) and 12,300bn ROL from custom duties (4,200bn ROL more than originally planned).
As for the revenues from direct taxes, the Government estimates they will drop some 2,300bn ROL. Thus, the rectified budget plans for a 4,240bn ROL cut in the amounts cashed from the income tax.
Moreover, the authorities also anticipate smaller dividend tax revenues from the trade companies (- 840bn ROL).
On the other hand, the Government expects to cash more from the gambling income tax (+80bn ROL) and from the copyright income tax (+50bn ROL).
The autonomous regies are more profitable this year, exceeding original government expectations. Payments from their net profit are estimated to climb up to 2,560bn ROL (up from the initial estimates pointing to 2,000bn ROL).
However, payments by public institutions will go down, from the estimated 6,700bn ROL to 3,900bn ROL, as stipulated in the rectified programme.
According to the budget amendment, the public authorities – prefectures, ministries and other State institutions – will get 2,000bn ROL more, up to 20,521bn ROL.
Therefore, the Presidential Administration will obtain some extra 34bn ROL, up to 173bn ROL, while the legislative authorities will manage a budget up to 213bn ROL bigger than initially planned.
miruna.lebedencu@zf.ro