BUDGET REVISION
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Romania Approves Third Budget Revision Of 2020
The Romanian Government has approved the third budget revision of 2020, which is built on an economic contraction of 4.2% and a nominal gross domestic product (GDP) of RON1,050 billion.
Romanian Government Raises 2020 Budget Deficit Target to 9.1%
Romania's government is revising its budget deficit target to 9.1% for 2020 at an upcoming budget revision, finance minister Florin Citu said Wednesday.
Romanian Government To Raise Pensions By 14% Despite Economic Downturn
Romania's liberal government plans to raise pensions by 14% this year through a budget revision decree it will debate Friday, prime minister Ludovic Orban said.
Romania's Budget Gap to Widen to 6.7% of GDP in 2020, Fin Min Says
Romania's finance minister Florin Citu said Wednesday the country's budget deficit will reach 6.7% of the gross domestic product this year and the country's prognosis commission expects the...
Romania's Budget Gap Widens to 2.8% of GDP in Jan-Oct, Govt Sees Year-End Gap at 4.3%
Romania's general consolidated budget posted a deficit of RON28.83 billion in January-October, or 2.8% of the gross domestic product, finance ministry data showed Tuesday.
Romania's Liberal Government Seeks to Revise 2019 Budget by End-November
Romania's new liberal government is working on a budget revision draft to be adopted by the end of November, prime minister Ludovic Orban said late Thursday.
Romanian Government Approves First Budget Revision This Year
Romania’s Government on Monday approved this year's first budget revision, government representatives confirmed for MEDIAFAX.
Fiscal Council Warns Budget Deficit Could Reach 3.7% of GDP
Romania's Fiscal Council said Thursday in its stance on the government's proposed budget revision the deficit could reach 3.4-3.7% of gross domestic product unless offset by credible measure...
Romanian Government Set To Revise Budget in August
Romania's government will likely approve this year's fist state budget revision in August, pending approvals from the country's defense body and other institutions, finance minister Eugen Te...