FISCAL COUNCIL
42 articole · RSS
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...
Daniel Daianu Elected Head of Romania's Fiscal Council
Daniel Daianu has been elected president of the Fiscal Council following the vote of council members on July 16.
Romanian Fiscal Council Sees 2019 Budget Deficit at 3.5% of GDP
Romania's Fiscal Council said Monday the country's budget deficit could reach 3.5% of gross domestic product this year, well above the EU limit of 3%, as the state budget is undervalued.
Fiscal Council Says Govt's 5.5% GDP Growth Projection Is Surprising, Unwarranted
Maintaining an economic growth projection of 5.5% in 2019 especially after the emergency decree 114/2018 introducing new taxes is surprising and unwarranted, Romania's Fiscal Council said in...
Fiscal Council: 2017 Budget Draft Diverges Substantially From National And European Fiscal Rules
The Fiscal Council said that the state budget draft for 2017, presented by the Finance Ministry, is deliberately and substantially diverging from the national and European fiscal rules signe...
Fiscal Council: Romania’s Economic Growth May Peak In 2016, Likely To Slow Down Toward 3.5% In 2017
Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption...
Fiscal Council Sees Inflation at 2.5%-3% As Effects of VAT Cut Wear Off
Romania's inflation rate is seen dropping to below -2 early next year from the current -1.6% but will rise again to reach 2.5%-3% once the effects of the cut in value-added tax wear off, acc...
Dumitru, Fiscal Council: Government Should Focus On Few, Clearly Communicated Projects
The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and...
Dumitru: Romania Should Not Repeat Past Mistakes Through Tax Code
Romania should not repeat the mistakes of other states or its own mistakes before the financial crisis, thus economic policies decision makers should act prudently, as it is easy to promise...