Moldovan parliament adopted amendments to state budget law for 2022

Chisinau, August 26 /MOLDPRES/- Parliament, convened in an extraordinary session adopted today in the first reading amendments to the State Budget Law for 2022. The document was voted by 54 MPs.

The project was presented by Minister of Finance Dumitru Budianschi. According to the official, "the amendment of the State Budget Law 2022 is imposed by the circumstances in which the national economy operates and was necessary to mitigate the negative impact of the energy crisis and the refugee crisis on the population, public institutions and economic agents".

The revenues of the state budget for this year are increased from 52.701 billion lei up to 57.971 billion lei (+10%), and expenses - from 72.087 billion lei up to 75.216 billion lei (+4.3%). Respectively, the state budget deficit decreased from 19.386 billion lei up to 17.245 billion lei (-11%). This is to be covered from both external and internal sources.

The increase in revenues from taxes and fees is estimated at around 7.4% (3.534 billion lei), in receipts from grants by around 53% (1.299 billion lei), as well as in receipts from other revenues – by about 19.3 %.

The most significant increases are recorded in the social protection group (+1.758 billion lei), necessary to provide a unique financial support to the beneficiaries of all types of state pensions/social allowances and increase allowances as aid for the cold period of the year.

Increases are also foreseen for the state services of general purpose group (with 996.7 million lei), which will be used for the management of the energy crisis, the refugee crisis in Ukraine and the inclusion of allowances for granting the one-time payment to support some employees from the budgetary authorities/institutions. At the same time, there will be increases for the Road Fund and projects to support small and medium enterprises.

The volume of allocations for capital investments increases by 419.7 million lei or by 15.2%. In order to ensure the continuity of the construction/reconstruction works, the volume of allocations for some capital investment projects is also increased, such as: the project Supporting the Program in the road sector - 682.6 million lei, Rehabilitation of local roads - 95.0 million lei, the construction of the Urgent Reception Unit of the Institute of Emergency Medicine - 6 mln lei, etc.

The amendments adopted to the State Budget Law for 2022 are to be voted on in the second reading.

The Parliament convened in an extraordinary session on 26 August -8 September.

Photo: Parliament