The ministry expects the country’s nominal GDP to reach RON949.6 billion from an initial estimate of RON907.9 billion and an estimate of RON945 billion on which it based the first budget revision.
The finance ministry estimates an extra RON228.9 million in revenues to the consolidated state budget and an extra RON365.6 million in expenditure.
Under the draft budget revision, the finance ministry gets an extra RON2.69 billion of which RON1 billion for interest payments, RON671.6 million for the country’s contribution to the EU budget, and RON700 million for the government’s reserve fund.
The labor ministry would get an extra RON787 million mainly for child state allowances and persons with disabilities; the health ministry would get an extra RON211.5 million for salaries.
The state health insurance budget get extra RON600 million for expenditures.
The draft budget revision sets expenditure cuts for transport (-RON1.16 billion), research (-RON228.9 million), education (-RON198 million), culture(-RON176.8 million), communications and IT (-RON166 million), EU affairs (-RON164.9 million), public finance (-RON128.5 million).