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Tag Archives: budget deficit target

Romania prepares new tax cuts in 2018. FinMin Stefan: ‘GDP growth could exceed 5.2 pc in 2017’

Romanian Finance Minister Viorel Stefan announced new tax cuts as of next year, although the recent planned cuts have raised concerns with the European Commission (EC) and the International Monetary Fund (IMF). “We will certainly introduce from January 2018 the ...

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Deficit target to be adjusted upward after the next budgetary rectification

The budget deficit target will be amended upward in the next budget revision scheduled for October 23, given that, by year-end, there will be additional allocations to local budgets amounting to RON 1.4 billion, Finance Minister Eugen Teodorovici said on ...

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Fiscal Council gives green light to budget revision, but under skeptical signs

Framing within the budget deficit target this year by maintaining the current parameters of fiscal and budgetary policy will be achieved easily, the Fiscal Council appreciates on Tuesday in a press release. However, the institution is reluctant when it comes ...

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