US Edition[Opinion] The Fiscal Council, on the Austerity Measures Taken by the Bolojan Government: "Time Has No Longer Had Patience with Romania"
4 Articles
4 Articles
Romania's economy needs fiscal measures, such as those adopted by the Bolojan Government, or it is at risk of achieving a 9% GDP deficit and facing a significant increase in public debt, the Council of Commissioners points out in an opinion issued on the side of the budgetary correction project.Economic experts stress the need to improve the collection of revenue in the state budget and to improve the absorption of European funds.
Tax consolidation marks a potential point of contribution, but the way to restoring credibility will last for years, writes the Tax Council in an analysis of budgetary correction. Romania is at an increase. After years of...
The Fiscal Council considers that the Ilie Bolojan government's budgetary correction project includes a fine of plus income. In addition, the institution draws attention to the fact that the deficit could reach 9% of GDP without corrective measures.
The budgetary correction ensures the compulsory costs of the State, maintains development projects and ensures the payment of benefits to external loans.
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- 50% of the sources lean Left, 50% of the sources are Center
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