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
10:26
The stakes of Nicușor Dan's visit to New York. The President will lead Romania's delegation to the 81st session of the UN General Assembly.
10:15
Emmanuel Macron will receive the Saudi crown prince on Sunday and Monday. They will discuss regional stakes and bilateral cooperation.
09:57
The year 2027 could be the hottest year ever recorded due to the intensification of the El Nino phenomenon.
09:36
Drone attack at the border between Ukraine and the Republic of Moldova / Tabachi crossing point damaged
09:24
21 August 2026. TV: What was discussed last night on the news channels
See more news