In the first 6 months of 2023, there is a lack of responsible analysis of public finances

In the first 6 months of 2023, there is a lack of responsible analysis of public finances

The revenues collected from the state budget are 319.9 billion ALL with an excess of 13.8 billion ALL from the program.

Revenues collected from customs and taxes amount to ALL 270.6 billion.
Income from mandatory social and health insurance contributions is 66.3 billion ALL (24.5% of tax and customs income
Revenues from aid, and from institutions for licenses, fines, service fees amount to ALL 49.3 billion (15.4% of total revenue).

Total budget expenditures were realized 273.3 billion ALL, with non-realization of 26 billion ALL (less 8.7%).

The non-realization of expenditures according to the program for subjective reasons has a weight of 56% of the budget surplus. While the rest of the budget surplus was affected by the tax on wages with at least 4.5 billion ALL and the profit tax with at least 8.9 billion ALL. Both of these items come from the tax increase for double jobs, middle level wages. While the rest was affected by the increase in the excise duty on fuel, coffee and cigarettes, as well as the national taxes on the circulation of vehicles and the mining rent of oil and chrome.

In examining the indicator of budget expenditures, the main weight in their non-realization has been influenced by government expenditures for salaries, maintenance, and social expenditures with 11.7 billion less.

Investments (capital expenditures) had the other impact with 8.6 billion less.

As a whole, this preliminary 6-month 2023 budget is in the same positions as the same period last year, where the restraint of expenses is the moment of analytical responsibilities and the increase of income is the moment of responsible analysis of who held the burden and how fair the fiscal policy was in the distribution of the burden according to fair taxation.

From the point of view of public interest, a 6-month reporting period for public finances has the value of clarifying how much of the income was collected from the fight against informality and the narrowing of evasion through fiscalization.

How much of the revenue will be collected by the rich and how much by other classes?

How much did the minimum wage policy and the effect on other wages affect incomes?

Regarding expenses, transparency is needed for each institution regarding the progress of operating expenses and their effectiveness, as well as investments and their connection with current situations.

How much hope is there for their continuation and the interest of the effectiveness of the economy?

In fact, we can answer the questions we ask, since we as ALTAX have carried out a lot of similar analyses, but until today they have served little for a healthy dialogue and this information is aimed at encouraging an honest and missing dialogue.

The Ministry of Finance continues obstinately in its own way and in the absence of accountability, which in the light of information it turns out that it needs more than ever, relying on dialogue with civil expertise and business organizations.

But wanting to know the approach for the future, taking into account the philosophy of public finance management in the recent past, we ask if there will be changes from the perspective of anti-corruption?

Or is it not still and further this philosophy that has dominated the finances of the country in these years regarding honest taxation, anti-informality shares, dividend tax, wealth tax increases and decreases, the fight against tax evasion and corruption, etc..

At least confirmation is needed of all commitments related to taxation in the country and how the money is being spent, which is based on public trust.

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