Consolidated budget deficit at the end of October stood at 18,020 billion lei, close to approved annual estimates, 78.2% of indicators being accomplished for revenues and 77.1% for expenditures.
Total revenues after the first ten months amounted to 199,485.8 billion lei, expenditures stood at 217,505.8 billion lei and the main constituent budgets had the following configuration: the state budget had a deficit of 22,970.0 billion lei, local budgets posted a surplus of 1,138.9 billion lei, state social insurance budget registered a deficit of 4,853.8 billion lei, the fund aimed at the payment of unemployment benefit had a deficit standing at 540.3 billion lei, while the fund for social and health insurance registered a deficit worth 3,166.4 billion de lei.
The other special funds registered a surplus (the special fund for public roads, the special fund for promoting and developing tourism, the special fund for civil aviation, the special fund for social solidarity for physically challenged people, the special fund for supporting public education, etc.).
As to foreign direct and/or guaranteed credits, they amounted to 8,989.3 billion lei. The period January 1-October 31 shows a certain improvement in revenues derived from the value added tax and customs duties, indirect taxes accounting for 67.3% of total revenues, while direct taxes represented 27.6%.
State budget revenues amounted to 97,911.4 billion lei, of which: fiscal revenues-92,925.3 billion lei, non-fiscal revenues-4,539.3 billion lei and capital revenues-99.8 billion lei.
According to information provided by the Finance Ministry, revenues derived from income tax collection amounted to 17,222.7 billion lei, accounting for 17.6% of total revenues cashed during this period.
On the first ten months of the year, as compared to the same period of 1999, an increase of 2,529.1 billion lei (17.2%) was registered, mainly following returns from economic units (2,188.4 billion lei), while banks posted an increase of 340.7 billion lei.