Arrears to local budgets at over RON 200 ml as of end-July

At the end of July 2014, payments more than 90 days past due (arrears) owed to the general budgets of administrative-territorial units amounted to 200.29 million lei, slightly higher from the 196.25 million lei registered at the end of 2013, shows data published by the Ministry of Public Finance.

The counties with the highest arrears are Valcea – with 76.23 million lei (74.05 million lei at the end of 2013); Hunedoara – 56.23 million lei (40.64 million lei at the end of 2013); and Tulcea – 52.82 million lei (50.39 million lei at the end of 2013).

Other counties with substantial outstanding payments owed to the local budgets are Dambovita – 24.21 million lei; Constanta – 23.01 million lei; Bihor – 19.65 million lei.

In Bucharest, payments more than 90 days past due total 27.89 million lei compared to 11.75 million lei at the end of 2013, with Sector 5 accounting for 26.11 million lei of this amount (compared to 9.92 million lei at the end of last year).

 

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