TIRANA, June 15/ATA/ Total revenues in the 5-month period of 2021 hit ALL 191.6 billion or 104 % of the 5-month plan. Compared to a year ago, revenues declined to ALL 31 billion, the Albania’s Ministry of Finance and Economy (MFE) reported on Tuesday.
Revenues in tax collections in the 5-month period (January-May 2021) reckoned at 104% of the 5-month plan, while general public expenditures were realized at the extent of 97% of the plan.
Customs revenues (revenues from VAT on imports, excises, customs duties and mining royalties) were realized at the extent of ALL 67.8 billion, ALL 12.9 billion or 23.5% more than in the first 5 months of 2020, as well as ALL 1.2 billion, or 1.8% more than the customs revenue plan for the 5-month period of 2021.
In the 5-month period of 2021, the tax revenues (net VAT revenues in the country, profit tax, personal income tax, national taxes and contributions collected by the General Directorate of Taxation- GDT), were realized at the extent of ALL 98.8 billion, 12 billion or 13.9% more than 5 months of last year, as well as ALL 1.1 billion, or 1.1% more than the 5-month plan 2021.
According to MFE, the deficit level in the fifth month of 2021 resulted in about ALL 20.3 billion, in line with budget forecasts and macroeconomic indicators.
Total public expenditures, in the 5-month period of 2021 amounted to about ALL 211.9 billion or 97% of the plan, while compared to the same period of 2020 public expenditures were 13% higher, or about ALL 24.3 billion more.
Current and capital expenditures in the 5-month period of this year, were realized respectively at the extent of 98.7% and 75.7% of the plan. //a.i./
