[ad_1]
The state budget is raising more money from strong price increases.
Only during the 2 months of this year it has collected 87.6 billion ALL revenues, about 714 million euros.
Compared to the same period last year, revenues increased by more than 145 million euros, exceeding even pre-crisis levels.
Value Added Tax, or consumption tax has generated more money in the budget, mainly from the increase in fuel prices but also for all other products they consume, causing consumers to pay more to the state.
In the period January-February, the government has collected 29.5 billion ALL from this tax, about 64 million euros more than a year ago.
Fluctuations in global markets have led customs to collect more money from excise goods, with almost 7.5 billion in January-February this year alone, about 7.2 million more than compared to the two months of last year affected mainly from the price of oil, as imports of minerals and fuels expanded significantly, reflecting this positive performance in customs revenues.
Contributions from the Personal Income Tax have also increased in the budget, reaching ALL 7 billion at the end of February.
Unlike revenues, budget expenditures on the other hand have seen a contraction compared to the two months of last year to ALL 68.8 billion, slightly decreasing by about ALL 300 million less.
In this crisis situation that has gripped the country, this price increase has a winner and many losers. On the one hand, citizens are hit with increased living costs and inability to spend, on the other hand, a state coffers that benefits to increase income in the coming months. The government itself in the review of the budget with a normative act has planned 10 billion additional ALL revenues in the budget.
top channel
[ad_2]
Source link
