According to the Ministry of Finance’s information on the execution of the state budget at the end of November 2025, the lion’s share of revenues comes from taxes and fees (67.9 billion lei). Their growth amounted to 14.3%. The State Tax Service generated revenues of 29.9 billion lei (+15%). The share of the Customs Service revenues reached 37.1 billion lei, increasing by 7.1%. The revenues from international projects increased by 22.2%, amounting to 878.8 million lei.
The growth of state budget expenditures is slightly less than the recorded increase in revenues. They amounted to 78.8 billion lei, up by 12.8% or 8.9 billion lei compared to the same period in 2024.
The biggest increase in expenditures compared to the same period last year is recorded under the item “Grants”. During the analyzed period, they were issued in the amount of 3.9 billion lei against 1.3 billion lei last year. The amount of transfers increased by 5 billion lei compared to last year (43.8 billion lei).
The state budget execution for the end of November 2025 ended with a deficit of just under 10 billion lei (9.975 billion lei). This is by 273.6 million lei (2.8%) more than in the same period of 2024.
According to the ministry’s information, the sources of financing the deficit in January-November 2025 were internal borrowings in the amount of 9.99 billion lei and external borrowings in the amount of 3.05 billion lei. The change in cash balances on accounts amounted to minus 3.06 billion lei.
