General consolidated budget revenues stood at RON90.59 billion or 7.9% of GDP, RON1.84 billion higher than forecast, reflecting a budget revenue collection rate of 102.1%.

The revenues increased by 22.4% in nominal terms and from 7.0% in the second quarter of 2020 to 7.9% of the GDP in the second quarter of 2021.

This is mainly because the revenues in the second quarter of 2020 were affected by the lockdown in Romania and the approval of tax incentives intended to help taxpayers amid the COVID-19 pandemic.

(English version by Loredana Fratila-Cristescu)