budget deficit

The country’s financing needs for this year is around 9% of GDP, which is sustainable, given that „Romania has a good macroeconomic image,” said Wednesday Liviu Voinea, Deputy Governor of the National Bank of Romania (BNR), at „The...
24 ianuarie, 2017
Prime Minister Sorin Grindeanu said on Sunday evening on Romania TV that the budget deficit in 2017 will fall within the set target of 3%, the economic growth will exceed 5%, GDP will exceed 800 billion lei and...
20 ianuarie, 2017
The social security spending increased over the ten years of EU membership by slightly more than two percent of GDP and about a quarter of the allocations for pre-accession, all in relation to the country’s economic outcome. This...
19 ianuarie, 2017
Romania and Poland „have a very limited room for manoeuvre in the tax area” – if needed, in case that the budget deficit would exceed the 3% threshold, estimate the analysts from Erste Group Research, within an analysis...
21 decembrie, 2016
The salary increases recently adopted by the Parliament will cause the increase of Romania’s budget deficit to about 3.5% of GDP in 2017, well above the International Monetary Fund’s (IMF) recommendation of 2% of GDP, which could result...
10 noiembrie, 2016
Prime Minister Dacian Ciolos declared on Tuesday his dissatisfaction that the Parliament votes on various social benefits without a minimal calculation of the budget impact. The Prime Minister announced that the last parliamentary decisions costs 9 billion lei...
1 noiembrie, 2016

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