{"id":444929,"date":"2017-12-01T22:02:31","date_gmt":"2017-12-01T22:02:31","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=444929"},"modified":"2017-12-01T22:02:31","modified_gmt":"2017-12-01T22:02:31","slug":"2018-budget-plan-adopted-first-reading-moldova-parliament","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/2018-budget-plan-adopted-first-reading-moldova-parliament\/","title":{"rendered":"2018 budget plan adopted in first reading by Moldova Parliament"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On December 1st, the Parliament of Moldova <a href=\"http:\/\/parlament.md\/Actualitate\/Comunicatedepresa\/tabid\/90\/ContentId\/3587\/Page\/0\/language\/ro-RO\/Default.aspx\" target=\"_blank\" rel=\"noopener\">adopted<\/a> in the first reading the Law on the state budget for 2018.<\/p>\n<p>The plan forecasts a GDP growth of 3% in 2018 up to the level of 160,1 billion lei (9,3 billion USD). The annual inflation rate is expected to be 6%.<\/p>\n<p>In 2018, the Government expects incomes of 56,9 billion lei- 7,8% more than in 2017-, and expenditures of 61,7 billion lei (8,2% more than in 2017). Thus, the budgetary deficit is estimated to be 4,7 billion lei.<\/p>\n<p>The main source of income would be the income taxes, while the external grants meant for the budget and for public projects are expected to cover around 2,8 billion lei- 1,6 billion lei more than in 2017.<\/p>\n<p>The general budget plan for 2018 is adopted in the first reading, while the specific articles of the law on public finances and fiscal responsibility are voted on separately in the second reading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>On December 1st, the Parliament of Moldova adopted in the first reading the Law on the state budget for 2018. The plan forecasts a GDP growth of 3% in 2018 up to the level of 160,1 billion lei (9,3 billion USD). The annual inflation rate is expected to be 6%. In 2018, the Government expects [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":443830,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-444929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On December 1st, the Parliament of Moldova <a href=\"http:\/\/parlament.md\/Actualitate\/Comunicatedepresa\/tabid\/90\/ContentId\/3587\/Page\/0\/language\/ro-RO\/Default.aspx\" target=\"_blank\" rel=\"noopener\">adopted<\/a> in the first reading the Law on the state budget for 2018.<\/p>\n<p>The plan forecasts a GDP growth of 3% in 2018 up to the level of 160,1 billion lei (9,3 billion USD). The annual inflation rate is expected to be 6%.<\/p>\n<p>In 2018, the Government expects incomes of 56,9 billion lei- 7,8% more than in 2017-, and expenditures of 61,7 billion lei (8,2% more than in 2017). Thus, the budgetary deficit is estimated to be 4,7 billion lei.<\/p>\n<p>The main source of income would be the income taxes, while the external grants meant for the budget and for public projects are expected to cover around 2,8 billion lei- 1,6 billion lei more than in 2017.<\/p>\n<p>The general budget plan for 2018 is adopted in the first reading, while the specific articles of the law on public finances and fiscal responsibility are voted on separately in the second reading.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/2018-budget-plan-adopted-first-reading-moldova-parliament\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" 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