Report on 2015 state budget's fulfilment to be submitted to Moldovan parliament for consideration
18:24 | 18.05.2016 Category: Economic
Chisinau, 18 May /MOLDPRES/ - The government today approved a draft decision of the parliament on the Report concerning the fulfillment of the 2015 state budget. Under the draft, the state budget was carried out with 25 billion lei in revenues and 30.1 billion lei in expenses, with a deficit worth over two billion lei. The entire report will be published in the Official Journal (Monitorul Oficial) of Moldova.
By 4.5 per cent less revenues were collected in the state budget against the annual provisions, and the part of spending was fulfilled at a level of 91 per cent against the annual planned sum. In 2015, the budget revenues rose by 1.2 per cent against the year before, while the expenditures grew by 2.6 per cent. The highest share in the overall sum of state budget revenues, respectively 84.3 per cent, represented the fiscal collections.
According to the report, the preponderant part of the state budget expenses represented the social spending – 57.9, followed by economic expenditures – 15.8 per cent, as well as national defence, maintaining public order and national security with a share of 9.4 per cent of all the spending.
The carrying out of the state budget resulted in a deficit by 1.6 billion lei less than scheduled and accounted for 1.6 per cent of the Gross Domestic Product. The deficit was covered with means got from the issuance of state securities on primary market, as well as from the sale and privatisation of state assets. Loans amounting to 2.5 billion lei have been disbursed for backing the budget and financing of projects from external sources by foreign lenders, an informative note by the Finance Ministry reads.
The weight of the state debt in the Gross Domestic Product was of 27.5 per cent at 31 December 2015.
The cabinet of ministers also approved a draft decision of the parliament on a report concerning the fulfillment of the health insurances accounts, and respectively, the Report on the carrying out of the state social insurances budget for 2015.
The three drafts approved by the cabinet are to be submitted to parliament for consideration.
(Reporter V. Bercu, editor L. Alcaza)
