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Tag Archives: local budgets

Gov’t approves state budget for 2019

The Government has approved on Friday the state budget for 2019. The draft bill was not on the cabinet sitting scheduled for 12.00h, but Prime Minister Viorica Dancila announced it would be introduced on the additional list. In the past ...

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Budget deficit down to 1.26pc of GDP in 7 months

The execution of the consolidated state budget deficit in 7 months has concluded with a deficit of RON 11.9 billion, i.e. 1.26% of the GDP, down against RON 14.97 billion, i.e. 1.61% of the GDP in H1, the figures released ...

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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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