Nicholas Kopachevskii : Meeting in Asicomo County, Romania exchange of experience among financiers was extremely interesting and useful for both sides (photo)

the Director of the Department of Finance of the regional state administration during hardware meeting in regional administration on October 31. Summing up the recent visit of the Finance Department of the regional state administration to the Iasi County, Nicholas kopaczewski held a presentation, a report and showed the business card of a hospitable Romania (presentation and film included). "In the Vinnytsia delegation consisted exclusively financiers and officials involved in the allocation of financial resources, the official said.- The results of our meetings, the Finance Department of the Iasi County initiated an agreement on cooperation between our departments. So we are now keeping in constant communication with the Romanian colleagues." Iasi County ranks 8th in Romania in the production of gross domestic product. In the County was 12868 enterprises. Tax on profits derived from the operation of enterprises, is directed at the following sectors: 79 % in the service sector, and 18% in industry and 3% agriculture. The relationship between the public authorities of local communes, cities and Munz and local public administration authorities at the district level is based on the principles of independence, legality, responsibility, cooperation and solidarity in solving the problems throughout the district. Nicholas kopaczewski described the structure of the budgetary system in Romania : "the state budget Revenues comes from legal entities (business entities and public institutions) and individuals. a Large part of the income is the payroll tax, profit tax, value added tax, customs duties and excise taxes, which account for 80% and 90% of the total.Only from the state budget, are spending: defense and national security, justice, scientific and research activities". Revenues of local budgets of counties, cities, municipalities, districts make their own income from local taxes and charges (land tax, vehicle tax, quotas deducted from the income tax, etc) that are on average in local budgets between 30% and 40%, and the difference for filling, in parallel, the size of spending is a balancing revenues received from the state budget, obtained in the territory, respectively, the amounts of income tax, amounts deducted from value added tax, plus subsidies from the state budget and other sources. The state social insurance budget is complete autonomy from the state budget: the cost of pension (to the maximum age, illness, assistance for child birth, etc.), followed by expenditure on social protection, with a focus on the state of unemployment. Also in his presentation, Director of Finance Department of Vinnytsia regional state administration included a section on Strategies for economic and social development of Iasi County 2014-2020. The full presentation below. This was reported in the Vinnytsia regional state administration

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Source: http://uzinform.com.ua/

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