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10 billion lekë to face the crisis / How Rama predicted to provide the money, unlike the governments in the world

10 billion lekë to face the crisis / How Rama predicted to provide the

The government has increased spending by 10 billion lek or 1.8% more than planned to cope with the crisis.

The Normative Act adopted on March 12 does not provide for a deepening of the budget deficit, as the increase in expenditures is expected to be covered by an increase in revenues from Taxes and Customs.

The paradox is the fact that the Albanian government may be the only one that anticipates coping with the crisis, by increasing consumption revenues as well as revenues from Consumer Value Added Tax or excise, according to "Open Data Albania".

The government has planned to collect Value Added Tax with 7 billion lek more or 4.2% more than and predicted earlier.

Profit tax is also projected to increase by 2 billion more. Excise is also a tax that weighs on consumption and the state has planned to collect 2 billion more in times of crisis than the initial planning.

It has also planned to collect more from Personal Income which is tax on income from work, rent, profit from sales, donations, etc.

 

 

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