Moldovan official journal roundup for today
10:54 | 02.12.2020 Category: Economic
Chisinau, 2 December /MOLDPRES/- The 2 December Official Journal published the decision on approving draft state budget law for 2021. The document was worked out given the impact of the COVID-19 pandemic and 2020 natural disasters on the national economy.
The draft is based on an economic growth of 4.7%, increase in exports of 12.6% and increase in imports of 14.3%.
Under the draft, the revenues of the state budget amount to 41.4 billion lei, increasing by 4.2 billion lei compared to the state budget approved for 2020. The increase in revenues is due to increased revenues from taxes and fees and grant revenues.
State budget expenditures represent 55.4 billion lei, registering an increase of 4.1% compared to the state budget approved in 2020. Of the total amount of state budget expenditures for next year, 53% are transfers to other budgets, and 47% - the expenses for the implementation of the programs in 2021 directly through the central public authorities.
The state budget deficit is estimated at 14 billion lei. It will be financed from external sources (net inflows from external loans for budget support and the implementation of projects financed from external sources) and internal sources (including means from privatization of public assets).