The president of the tax collection agency ANAF, Lucian Heius, admitted that the agency's revenues in the first five months of the year lagged by 6%, or RON 8.9 bln (EUR 1.8 bln, 0.6% of GDP), behind the target of RON 148 bln (EUR 30 bln) and he resigned. The Government is thus forced to operate.
The general government budget in Romania increased by 67.5% y/y to RON 27.4 bln (EUR 5.5 bln) in January-April, the Finance Ministry announced. The revenues increased by 9.7% y/y to RON 158.4 bln, slower than inflation. The profit tax edged up by only 3.1% y/y and the net VAT collection by only.