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  2. Economy

Daniel Dăianu warns that Romania will record its biggest budget deficit in 2024 and emphasizes the need for budgetary consolidation.

Valeria Stihi
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14 October 2024, 18:10
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Economy
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Dăianu emphasized that reducing the budget deficit to 3% of GDP, as required by the Maastricht Treaty, would actually mean a consolidation of 5% of GDP, given future budgetary pressures. He drew attention to the twin deficits syndrome, stressing the need for a balanced approach that goes beyond spending cuts.

Sources

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Stirile ProTV
Daniel Dăianu, Consiliul Fiscal: Consolidarea deficitului de la 7-8% la 3% nu se poate doar prin tăieri, e o inepție
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Economedia
Preşedintele Consiliului Fiscal: A crede că poţi să faci consolidarea fiscal-bugetară numai pe partea de cheltuieli este o inepţie/ Termenul de şapte ani pentru ajustarea deficitului bugetar este rațional
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Adevarul
Dăianu: Reducerea deficitului de la 7-8% la doar 3% nu se poate face doar prin tăierea cheltuielilor. E o inepție
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Agerpres
Dăianu: A crede că poţi să faci consolidarea fiscal-bugetară numai pe partea de cheltuieli..
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Capital
Reducere deficit bugetar. Daniel Dăianu: Nu se poate doar prin simplificări bugetare, prin tăieri, e o inepţie
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Cotidianul
Dăianu, despre consolidarea fiscal-bugetară. "Este o inepție"

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Daniel Dăianu, the president of the Fiscal Council, states that the political crisis could have been avoided by prioritizing the macroeconomic situation.
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Daniel Dăianu 3% of GDP

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