Madeira's Supplementary Budget foresees an additional 296 million euros in revenue

The Supplementary Budget proposal, in terms of revenue, rises from 1,7 billion euros to two billion euros, when compared to the Regional Budget.

Madeira's Supplementary Budget proposal, delivered this Monday, foresees a revenue of two billion euros, of which 1,9 billion euros are related to current and capital revenues, which represents another 296 million euros when compared to the 1,7 billion euros of the 2020 Regional Budget proposal.

The Supplementary Budget foresees a drop of 98 million euros in direct taxes, and a decrease of 89 million euros in indirect taxes.

Current revenues fall by 186 million euros up by 483 million euros.

In the combined current and capital income, there was an increase of 296 million euros.

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