budget rectification

President Klaus Iohannis has convened the Supreme Defence Council of the country (CSAT) on September 4, on the agenda of the analysis of the proposals of state budget rectification for the institutions with responsibilities in the field of…

The Government sent Tuesday evening, to the President of Romania, the request to urgently summon the Supreme Defence Council (CSAT) sitting, in view of analysing and approval of the proposals to rectify the budgets of institutions dealing…

The share of staff expenditures of the public sector in the GDP and in overall budget expenses is to reach historic highs in 2018, above the pre-crisis level, a development which will outline the vulnerability of the public finances in the…

The National Cathedral of Salvation will receive, following the budget rectification, the amount of RON 115.5 million, i.e. four times more than funding this year for the bridge over the Danube in Braila of RON 23.8 million, VAT included.…

The Government is blocking Romania's international commitments and it uses the public funds as a political tool, the Presidential Administration's spokeswoman has stated on Tuesday. She complained that due to the cuts of the Presidency's…

The Government has released the draft budget rectification Thursday evening, a positive rectification by about RON 6 billion, but with funds cut from the intelligence services (SRI, SIE, STS, SPP) and from the Presidential Administration.…

Prime Minister, Viorica Dancila, has announced on Thursday a positive budgetary rectification. “We have registered additional revenues to the consolidated state budget of almost RON 6 billion,” Prime Minister Dancila said at the…

Discussions on budget rectification have taken place on Monday at Victoria Palace, according to government sources. Although an emergency ordinance could be adopted by the Government sitting on Thursday, the Ministry of Public Finance has…

The budget deficit for the first five months of the year is very high, due to increasing expenditures, whereas if not decisions are made, by year-end it will reach 3.5-3.6%, Fiscal Council President, Ionut Dumitru, has warned on Friday.…

The second budget rectification this year to be concluded in November will be a positive one, in compliance with the deficit of 2.96% of GDP, Finance Ministry announced. “The economic results up to the present make possible an economic…