Loading ...Expenditures for investments were cut by 1.736 billion lei (403 million euros/ minus 8.9 percent) at the 2009 budget revision, approved on Saturday by the Government , but they continue to remain the public budget's priority component and will stand at 37.9 billion lei or 7.1 percent of the GDP, said on Tuesday minister of Public Finance, Gheorghe Pogea.
According to the figures presented on Tuesday by Pogea, public spending was diminished at the revision by 3 percentage points (6.221 billion lei).
The expenditures for interests at the public debt increased by 27.9 percent (1.828 billion lei), whereas the spending for personnel went down by 4.3 percent (1.861 billion lei) and the expenditures for goods and services by 5.4 percent (1.542 bill lion euro). Budget revenues were adjusted by 9.7 percent (18.797b billion lei) and revenues from the tax on profit went down 12.4 percent, tax on revenues – 8.8 percent, VAT – 11.1 percent, excises – 14.1 percent.
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