The budget execution so far is worrying, we will continue to have an increase on the deficit at 10-month and the situation confirms our greatest fears, Public Finance Minister Florin Citu told a news conference on Wednesday.
"The budget execution so far is worrying. We will still have an increase on the deficit at 10-month. The situation confirms our greatest fears regarding the budget situation. I will present all the data next week in a press conference. Moreover, I want to announce you that I signed the postponement of the contest for the ANAF [the National Agency for Fiscal Administration], until March next year," Citu stated.
The general consolidated budget ended the first nine months of this year with a deficit increasing to 2.6 percent of the Gross Domestic Product (GDP), 26.97 billion lei, respectively, a figure which represents an increase of 60 percent against the same period of last year, the data recently published by the Public Finance Ministry showed.
Between January-September 218, the consolidated budget recorded a 16.8 billion lei deficit, 1.77 percent of the GDP, respectively.
FinMin Citu: So far, the budget execution is concerning, 10-month execution will show increase in deficit
Distribuie articolul
Articole Similare
36
Dezintegrarea aisbergului A23a, cândva cel mai mare din lume, surprinsă într-o imagine satelitară
36
13
Red stag at Targu Mures Zoo dies after swallowing visitor's glove
13
8
Over half of Romanian workers confident about keeping jobs (survey)
8
4
Romanian products registered on European quality systems, promoted at "Green Week" in Berlin
4
5
Bucharest Stock Exchange closes higher Friday's trading session
5
9
HealthMin Rogobete, in Chisinau: We can develop collaboration for patients with no therapies in Republic of Moldova
9
8
Wizz Air ranked among world's 50 safest airlines, top 10 safest low-cost carriers
8
6
Hunedoara city to host this year large-scale events honoring mid-15th century statesman Iancu de Hunedoara
6
10
Mountain Rescue Service issues avalanche warning in Maramures County, with avalanche occurred in Rodna Mountains
10
6
Investment Minister Pislaru says CCR delays on judges' pensions require bold, accountable decisions
6
7
University of Craiova Ethics Committee to examine plagiarism complaints over Justice Minister Marinescu's doctoral thesis
7
13
Approval of Romania's SAFE plan - an important decision for our security and economy (ForMin Toiu)
13
4
DefMin announces 21 SAFE program Army procurement projects to be contracted rapidly in coming months
4
Comentează