The performance of budget revenues has been positive for the first 10 months of this year.
According to the fiscal statistics of the Ministry of Finance, for the period January-October a total of ALL 413 billion was collected, with an increase of 17% compared to the same period of 2020, when the country was suffering the consequences of the pandemic.
Revenues have exceeded the pre-crisis level, while compared to January-October 2019, budget revenues have increased by 8%.
According to the official announcement of the Ministry of Finance, the preliminary performance of the consolidated fiscal indicators for the 10-month period (January - October 2021) reflects the performance of revenue collection and realization of expenditures.
Total revenues for the 10-month period of 2021 were realized at the rate of 104.2% of the 10-month plan. The total public expenditures for the 10-month period of 2021 were realized at the rate of 91.8% of the period plan. In accordance with the budget forecasts and macroeconomic indicators, the level of deficit in the month for the 10-month period of 2021 turned out to be about ALL 35.9 billion.