The 17% increase in the VAT revenue in January-May is because of an improvement in VAT collection and is also the highest after the crisis.
The general consolidated budget collected RON24 billion in VAT in the first five months, compared with RON21.5 billion in the same time in 2014.
The five-month VAT revenue (RON24 billion) became the main source of revenue for the budget, beating social security revenue (RON23 billion), the budget’s main stream of revenue in the past ten years at least.
(English version by Loredana Fratila-Cristescu)