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In Moldova, local authorities will receive more money and financial independence from 2020

In Moldova, local authorities will receive more money and financial independence from 2020

11.10.2019

As expected, in particular, from January 1, 2020, all income tax revenues from individuals will remain in the budgets of mayoralties of rural settlements. Currently, only 75% of these revenues remain in local government administration. In the case of cities and municipalities, this ratio is 50%. This is provided for by the corresponding project, which was presented on Friday at a meeting in the government with the participation of Prime Minister Maia Sandu, Finance Minister Natalia Gavrilita and Executive Director of the Congress of Local Authorities Viorel Furdui. The discussions took place in ...
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