Moldova's 2010 state budget approved with a 27% deficit
On Thursday, the 101-strong Moldovan Parliament approved the draft Law on the 2010 State Budget simultaneously in the first and second readings.
The document was supported by 55 of the 97 MPs that were present in the room, namely by all the 53 members of the governing Alliance for European Integration plus two former members of the opposition Communist faction - Valentin Guznac and Victor Stepaniuc.
According to the document, next year the State Budget revenues are going to be 15.2 billion lei - 2 billion lei more (13.7%) than in 2009, expenditures - 19.3 billion lei (+8.2%), and deficit will be 4.1 billion lei [27%].
Prime Minister Vlad Filat called the State Budget "realistic and capable of maintaining the economic situation in the country stable... We did not resort to populism, for we do not want to offer false hopes to our citizens. The 2010 Budget has been strictly balanced".
And Minister of Finance Veaceslav Negruta stressed 72% of State Budget expenditures shall be intended for social needs.
However, former First Deputy Premier, ex-Minister of Economy and Trade Igor Dodon disagreed with that. He stated the 2010 Budget is "anti-social because you have strongly reduced the number of people receiving subventions".
"Considerable reduction of subsidies in all spheres and the freezing of salaries are showing the Budget can't be called a socially-oriented document. The new authorities are not able to ensure enough Budget revenues to maintain that level of the social policy, which the previous leadership had conducted for many years", said Igor Dodon.
Infotag, Moldovan news agency
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