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
17:35
The Ministry of Energy denies the information according to which large industrial consumers have received notifications to limit energy consumption.
17:30
A 59-year-old woman from Oradea won the largest prize in the history of Loto 6/49, worth 10 million euros.
17:18
Liberia announces that it will accept up to 1,200 foreign nationals expelled from the USA, as part of a program initiated by Donald Trump.
17:15
CSM contests the salary positioning of the president of the ICCJ below ministers and presidential advisors
17:09
ISU Harghita identified 82 mortar bombs in the forest of Tușnad Nou. The firefighters intervened with a bomb disposal team to remove them.
See more news