The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati

The influence of the pandemic on the Consolidated General Budget was manifested by the increase in the need for financial liquidity to cover the medical and social expenses related to the pandemic, an aspect that made the Consolidated General Budget vulnerable with an effect on the budget deficit, w...

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Main Author: Cristina Elena Badiu (Cazacu)
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2023-08-01
Series:Risk in Contemporary Economy
Online Access:http://rce.feaa.ugal.ro/images/stories/RCE2023/Badiu-Cazacu.pdf
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author Cristina Elena Badiu (Cazacu)
author_facet Cristina Elena Badiu (Cazacu)
author_sort Cristina Elena Badiu (Cazacu)
collection DOAJ
description The influence of the pandemic on the Consolidated General Budget was manifested by the increase in the need for financial liquidity to cover the medical and social expenses related to the pandemic, an aspect that made the Consolidated General Budget vulnerable with an effect on the budget deficit, which during the pandemic recorded increases above the level of the deficit from the years before the pandemic. The purpose of this paper is to study the impact that the legislative changes related to the period of the pandemic crisis had on the receipts of the Consolidated State Budget, both at the macroeconomic level and at the level of the city of Galati. The study analyzed the evolution of the collection of the main types of income to the state budget, namely VAT, corporate and income tax and social contributions. The increasing value of these indicators shows that the fiscal measures adopted had a positive effect on the economy as a whole. From the analysis of the data taken from the Galati County Administration of Public Finances, it can be observed that the taxes studied had a positive evolution in the last 2 post-pandemic years, registering higher levels than in 2019.
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spelling doaj-art-a84c21d3ab2140eba1ea00b5bcacd3412025-08-20T02:43:06ZengDunarea de Jos University of GalatiRisk in Contemporary Economy2067-05322023-08-01231308321doi.org/10.35219/rce20670532173The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of GalatiCristina Elena Badiu (Cazacu)0Transilvania University of Brasov, RomaniaThe influence of the pandemic on the Consolidated General Budget was manifested by the increase in the need for financial liquidity to cover the medical and social expenses related to the pandemic, an aspect that made the Consolidated General Budget vulnerable with an effect on the budget deficit, which during the pandemic recorded increases above the level of the deficit from the years before the pandemic. The purpose of this paper is to study the impact that the legislative changes related to the period of the pandemic crisis had on the receipts of the Consolidated State Budget, both at the macroeconomic level and at the level of the city of Galati. The study analyzed the evolution of the collection of the main types of income to the state budget, namely VAT, corporate and income tax and social contributions. The increasing value of these indicators shows that the fiscal measures adopted had a positive effect on the economy as a whole. From the analysis of the data taken from the Galati County Administration of Public Finances, it can be observed that the taxes studied had a positive evolution in the last 2 post-pandemic years, registering higher levels than in 2019.http://rce.feaa.ugal.ro/images/stories/RCE2023/Badiu-Cazacu.pdf
spellingShingle Cristina Elena Badiu (Cazacu)
The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
Risk in Contemporary Economy
title The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
title_full The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
title_fullStr The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
title_full_unstemmed The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
title_short The Impact of Fiscal Measures Adopted in the Period 2019-2022 on the Consolidated State Budget at the Level of the City of Galati
title_sort impact of fiscal measures adopted in the period 2019 2022 on the consolidated state budget at the level of the city of galati
url http://rce.feaa.ugal.ro/images/stories/RCE2023/Badiu-Cazacu.pdf
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