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".
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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
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