VAT receipts

President of Romania, Klaus Iohannis, has promulgated the State Budget Law and the State Social Security Budget Law on Wednesday, a presidency release informs. President Klaus Iohannis draws attention to the vulnerabilities of the budget…

VAT receipts are currently lower by RON 8 billion, which represents 25% of the VAT budget for the current year, government sources said, capital.ro informs. The sources said that this situation has been reached either because of the lack…

The revenues to the Romanian budget were higher by 8.4% in the first four months of the year, as compared to the same period in 2016. The data published by the Ministry of Finance indicate a surplus of RON 1.35 billion at the end of April.…

Consolidated state budget deficit climbed to RON 18.3 billion at end-2016, from RON 5.5 billion after the first 11 months, representing 2.41 percent of gross domestic product (GDP), Ministry of Public Finances (MFP) data reveal. The…

The state budget revenues in 2015 increased by 9.8% as compared to 2014 and the budget deficit was of RON 21,448.2 million, below the approved budgetary provisions, a government statement informs. State revenues in 2015 totalled RON…