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BUDGET REVISION

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Government Readies Second Budget Revision of 2018, Keeps 2.97% Deficit Target
Social/Politics

Government Readies Second Budget Revision of 2018, Keeps 2.97% Deficit Target

Romania's finance ministry has drafted this year's second budget revision plan while keeping its budget deficit target at 2.97% of gross domestic product.

Oana Gavrila · 22.11.2018 · 11:11 · 1 min
Romanian Government Approves Budget Revision, Keeps Deficit Target Below 3%
Social/Politics

Romanian Government Approves Budget Revision, Keeps Deficit Target Below 3%

Romania's government on Wednesday approved this year's first budget revision, government spokesman Nelu Barbu said after the Cabinet meeting.

Oana Gavrila · 05.09.2018 · 15:51 · 1 min
Clashes Between Presidential Administration And Finance Minister On Budget Revision
Social/Politics

Clashes Between Presidential Administration And Finance Minister On Budget Revision

Romania’s Presidential Administration announced on Tuesday that the Supreme Council for National Defense (CSAT) is still in the process of analyzing a proposed budget revision, to which the...

Oana Gavrila · 21.08.2018 · 17:58 · 1 min
Government Approves Second Budget Revision This Year on Higher Economic Growth
Social/Politics

Government Approves Second Budget Revision This Year on Higher Economic Growth

Romania's government on Wednesday approved this year's second budget revision, still keeping the projected deficit below the EU-limit of 3% of GDP but raising the country's economic growth p...

Oana Gavrila · 15.11.2017 · 16:17 · 1 min
Social/Politics

Romanian Government Approves Draft Budget Revision

The Romanian Government on Wednesday approved the draft budget revision, after the country registered economic growth of 5.8% in the first half of 2017, which translates into a GDP increase...

Oana Gavrila · 13.09.2017 · 18:04 · 1 min
Analysts: Decline In Funds For Investments In Favor Of Wage Raises To Trigger Economic Imbalance
Macroeconomics

Analysts: Decline In Funds For Investments In Favor Of Wage Raises To Trigger Economic Imbalance

The decline in funds earmarked for investments in favor of raising wage costs, stipulated in the draft budget revision, will boost consumption which will encourage imports and thus trigger e...

Ecaterina Craciun · 11.09.2017 · 18:47 · 1 min
Social/Politics

PM To Discuss Budget Revision Next Week

Romanian Prime Minister Mihai Tudose said Monday after a meeting of the ruling coalition parties he will discuss a budget revision next week.

Oana Gavrila · 10.07.2017 · 15:07 · 1 min
Macroeconomics

Romania Revises 2015 Budget, Keeps Deficit Target at 1.85% of GDP

Romania's government on Friday approved this year's second budget revision, cutting funding for infrastructure and raising the health care budget to cover wage hikes, while keeping the defic...

Oana Gavrila · 23.10.2015 · 13:59 · 1 min
Agriculture, Regional Development, EU Funds, Finance Ministries To Get Most Funds At Budget Revision
Macroeconomics

Agriculture, Regional Development, EU Funds, Finance Ministries To Get Most Funds At Budget Revision

The ministries of Agriculture, Regional Development, EU Funds and Finance will receive the bulk of funds at this year’s second budget revision to be operated Friday, in government’s special...

Ecaterina Craciun · 22.10.2015 · 13:08 · 1 min