THE EVOLUTION OF THE ROMANIAN STATE BUDGET BETWEEN 2006 - 2021

Abstract

The state budget being the most important budget within the general consolidated budget. The objective of the empirical research undertaken is to analyze the Romanian state budget evolution between 2006 – 2021. In the empirical research, we performed the descriptive analysis of state budget (fiscal revenue, social contributions and non-fiscal revenue). At the same time, in the framework of the empirical research undertaken, we used t-Test: Two-Sample Assuming Equal Variances to compare the consumption taxes (VAT and excise duties) and the other fiscal taxes. The most important tax for the state budget is the VAT (indirect tax), after that comes the excise duties revenue (indirect tax) and the third is the profit tax (direct tax).

Keywords

• consolidated general budget
• state budget
• fiscal revenue
• non-fiscal revenue
• vat