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Social insurance income exceeded expenses

During three months of the current year, the mandatory state social insurance contributions were accumulated in the amount of 6408.4 million lei. This is 23.0% of the annual plan, but by 748.4 million lei or 13.2% more than in the same period last year," Logos Press reported.
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Social insurance income exceeded expenses

Transfers from the state budget were financed for a total of 6,880.1 million lei. Of these, 4710.1 million lei were directed to social and other payments financed from the state budget. This year, they were by 1,324.9 million lei (39.1%) higher compared to the same period last year;

An amount of 2170.0 million lei was directed to cover the deficit of the state social insurance budget.

In the first quarter of this year, the non-recurrent tax levied on residents of IT parks, which is included in other social fund revenues, amounted to 187.7 million lei. Its share increased by 20.9 per cent against the same period last year.

The total expenditures amounted to 12381.3 million lei, or 26.1 per cent of the planned annual volume. The expenses increased by 1939.3 million lei (18.6%) against the first quarter of the last year.

As a result, the execution of the state social insurance budget for the first 3 months of 2025 ended with an excess of revenues over expenditures in the amount of 1095.9 million lei.


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