The government has adopted the budget revision, establishing a deficit of 8.4% of GDP, in order to bring the budget back into a "realistic projection zone".
Raluca Ioana Draghici
.webp)
Economy
www.shutterstock.com
Always see our news on Google
The Minister of Finance, Alexandru Nazare, announced the adoption of the budget rectification project, which adjusts the projections of the state budget to reflect a more realistic economic reality, establishing a deficit of 8.4% of GDP. The rectification will bring 3 billion lei to the budget, and the ministers were dissatisfied with the allocations received. Recent estimates show modest GDP growth, and inflation has exceeded expectations, which necessitated the adjustment of the budget. Additionally, the government coalition is discussing reforms in public administration, including spending cuts and positions.
Sources
Guvernul a adoptat rectificarea bugetară. Ministrul Nazare: „Aduce într-o zonă de proiecție realistă bugetul de stat”. Cum s-a fixat ținta de deficit
Guvernul a adoptat rectificarea bugetară. Alexandru Nazare, ministrul Finanţelor: Ţinta de creştere economică pentru 2025 este acum de 0,6% din PIB, faţă de 2,5% estimată la începutul anului
Latest News
10:46
The Ukrainian government intends to dismiss the heads of a state bank, following an anti-corruption investigation.
10:35
The ANM announces a heat wave in Romania between August 20 and 24, with maximum temperatures of 33-40 degrees. An orange code is issued for several regions.
10:35
Andrei Pleșu: About public speaking
10:23
China: The founder of the real estate giant Evergrande, Xu Jiayin, sentenced to life in prison for fraud.
10:03
The volume of construction works increased by 20% in June 2026 compared to the same month in 2025, and in the first six months, the advance was 13.9%.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
