Romania’s Budget Surplus in January 2009
In January 2009, Romania’s general consolidated budget showed a surplus of 1.644 billion lei, equivalent to 0.3 percent of the Gross Domestic Product (GDP) estimated at 579 billion lei for that year. Data released by the Ministry of Public Finances (MFP) revealed that total revenues to the state budget amounted to 15.052 billion lei, representing 2.6 percent of GDP, while expenditures reached 13.407 billion lei, accounting for 2.3 percent of GDP in January.
Surplus and Deficits Across Various Budget Categories
The execution of the state budget concluded with a surplus of 337.9 million lei in the first month of the year. Additionally, the centralized budget of administrative-territorial units reported a surplus of 807.1 million lei, contrasting with deficits seen in other areas such as the social securities budget (-408.9 million lei), unemployment insurance budget (+1.8 million lei), and single national fund for health insurance (+460 million lei).
Revenue Sources and Expenditures Breakdown
Income from profit tax reached 3.154 billion lei or half a percent of GDP, while wage and income tax contributed another significant portion at 1.2 billion lei (0..02 percent). Budget revenues excluding VAT amounted to4 .295 billionlei (0..7percentofGDP), with excises generating revenue worth1 .193billionlei(0..02percentofGDP). Notably,inJanuary,personnel expenditures totaled3 .657billionlei(0..6percentofGDP),whileexpendituresongoodsandservicesreached1 .753billionlei(0..3percentofGDP).