ECONOMY

Grindeanu asks ANAF to keep applying measures meant to boost budget revenue collection

Premier Sorin Grindeanu has asked the Romanian Tax Authority (ANAF) on Wednesday to continue applying the measures necessary to improve the collection of budget revenues.

“The Premier has asked ANAF to continue applying the 14 measures whose goal is to improve the degree of budget revenue collection and emphasised that he will continue to personally monitor ANAF’s activity,” reads a Government press release remitted to AGERPRES on Wednesday.

According to the source, the Head of Government analysed, alongside Finance Minister Viorel Stefan and ANAF President Bogdan Stan, the boosting of the collection of budget revenues through measures that tackle tax evasion and improve tax compliance. The three officials met on Wednesday morning, at the Victoria Palace, according to the Premier’s schedule.

On April 13, ANAF President Bogdan Stan announced that the 14 measures undertaken to improve the collection of budget revenues were implemented. “Following the talks I had with the Prime Minister on March 3, we undertook a set of 14 measures, their implementation deadline being April 15. (…) All 14 measures are implemented today. Some of them, which required the issuance of ANAF President’s orders, are in the process of being approved by the Finance Minister, and the measure concerning the virtual private space is sent to the Communications Ministry for approval,” Bogdan Stan was saying at the time.

On the other hand, the Finance Ministry announced on Tuesday that the execution of the general consolidated budget in the first three months of 2017 ended with a surplus of 1.52 billion lei, representing 0.19 percent of GDP. In contrast, in the first quarter of 2016 the general consolidated budget registered a surplus of 3 billion lei, namely 0.4 percent of GDP, according to Finance Ministry data published last year.

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