Fiscal Council
3 articole · RSS
ZF English
Dumitru, Fiscal Council: Fiscal consolidation and public sector personnel cuts are mid-way
Next year's budget deficit target, of 3% of GDP, seems to be challenging and ambitious and may require additional measures of tightening budget spending and an improvement in tax collection, although economic activity is projected to accelerate in 2012, accord...
ZF English
Fiscal Council: 2011 budget built on laws not finalised yet
The 2011 budget draft is built around various intentions and wishes of the Government instead of laws endorsed by the Parliament or at least by the Cabinet, the Fiscal Council notes after ha...
ZF English
Fiscal Council criticises second budgetary adjustment, too
The Fiscal Council has criticised this year's second budgetary adjustment as well, maintaining the substantial increase in the reserve fund by 1.6bn RON, also aimed at arrears payment, is no...