Gered Beatrix is the vice-president of the institute.
On Friday, Ponta called for a change at the helm of the institute, arguing that the INS considerably revised data on 2011 gross domestic product, affecting estimations for the GDP in 2012 and 2013 and other major indicators linked to it.
“This year, in order to stay within the deficit target we have to cut another billion lei [from the public expenditure], due to a calculation mistake,” the prime minister said Friday.
According to Romania’s Statistics Yearbook 2012, published at the end of last year, the country’s GDP was 556.7 billion lei (EUR125.9 billion) in 2011, down by RON22 billion compared with the figure estimated in March 2012.
Therefore, all data related to the GDP for 2012 and 2013 will be recalculated, meaning that also the public revenue and expenditure, which are expressed as percentage of GDP, will be automatically recalculated. Also, the budget deficit for the past two years will be revised. (EUR1=RON4.4251)