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Tag Archives: state budget

IMF World Economic Outlook – Romania’s GDP growth revised downwards to 3.1%, higher inflation rate in 2019

The International Monetary Fund (IMF) has revised downwards the estimates regarding Romania’s economic growth to 3.1%, and expects higher inflation rate and current account deficit, according to the latest ‘World Economic Outlook’ report released on Tuesday. In the previous report ...

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Economic analysts view GDP growth below 3% in 2019

The first forecast regarding the GDP growth, released by Banca Transilvania (BT) considers a 2.8% increase in 2019, a report issued on Thursday reads. In turn, Erste Group Research (EGR) expects an economic growth of almost 3%, down from 3.4% ...

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The vote on the 2019 state budget scheduled on Friday, new draft with higher deficit by RON 1.3 bln revealed

The Parliament has Okayed on Saturday the timetable of the debates on the 2019 state budget. The amendments will be filed by Monday, at 12:00, while the final vote is scheduled on Friday, February 15. The special budget –finance committees ...

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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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AmCham Romania calls for responsibility in building the 2019 state budget

In the context of the current debates on State Budget Planning for 2019, AmCham Romania reiterates its call for responsibility in budget planning and signals the vulnerabilities and risks presented by the draft budget, in an analysis elaborated by members ...

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Draft state budget not included on the agenda of Gov’t sitting on Friday

The Government has released the agenda for the sitting on Friday, which does not include the draft state budget. On Wednesday, Prime Minister Viorica Dancila said there is no risk that the draft budget is not approved by the Executive, ...

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Update: Mayors of municipalities – two-hour talks with PM Dancila on budget issues, no answer to their demands yet

The mayors of municipalities have had talks with Prime Minister Viorica Dancila and Finance Minister Eugen Teodorovici, Wednesday afternoon at Victoria Palace. According to reports, no the mayors have received no answer to their request regarding the budgetary allocations. “We ...

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PSD leaders react to President’s decisions, claim they are election motivated, ignore Romania’s interests

The social-democrats have reacted after the decisions announced by President Klaus Iohannis on Friday not to accept the nominations of Lia Olguta Vasilescu and Mircea Draghici for the Development and Transports ministries, explaining his denial has “legality and opportunity grounds”. ...

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