BUDGET
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Health Minister Hopes 2nd Budget Revision To Allot RON1.2B To Healthcare
Romanian Health Minister Ladislau Ritli said Monday he hopes the ministry will receive 1.2 billion lei (about EUR276 million) at this year’s second budget revision to cover needs in the heal...
Government Bets Again On 7% Rise In Budget Revenues
The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax...
Romania's Investment Budget At 6.5% Of GDP In 2012
Romania's investment spending will rise next year by 3.3 billion lei (EUR758 million), to RON38.7 billion, and the share of funds allotted for these projects will be increased from 6.4% to 6...
Romania's 2012 Consolidated Budget: Revenue Seen At RON195B, Expenses At RON206B
Romania's 2012 general consolidated budget provides total revenue of 195.3 billion lei (EUR45 billion) and total expenses of RON206.5 billion, therefore a nominal deficit of RON11.2 billion,...
Romania To Hike Diesel Excise By 4.4% In 2012
Romania will increase excise duties on diesel fuel by 4.4% on January 1, from EUR358 to EUR374 per ton, according to a government document.
Government Cuts Education Budget, Allots More To Presidency, Intel Services In 2012
Romania's Government will reduce the budgets of half of the country’s ministries next year, including Education, Culture, Agriculture and Justice, as well as the budget of the Parliament, bu...
Government Sees Jobless Rate In 2012 Down Slightly To 4.5%
Romania's Government expects the average unemployment rate to drop slightly next year, to 4.5% from this year's projected 4.9%, with the number of people out of work to decrease by 35,000, d...
Romania '12 State Budget Revenue Seen At RON95.6B; Spending Capped At RON113B
Romanian government targets total revenues to the state budget of 95.65 billion lei (EUR22 billion) in 2012, up 13.5% on the year, while overall spending is poised to stagnate at around RON1...
Romania's Draft 2012 Budget Includes No Salary Or Pension Raises
Romania's draft budget for 2012 states pensions will be frozen in the entire year, with no mention of possible raises in the second half, and will again require a transfer of 13.8 billion le...