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Fiscal Council: Budgetary consolidation is absolutely necessary, will be more difficult to achieve in coming years

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Budgetary consolidation is absolutely necessary and will be increasingly difficult to achieve in the coming years as we no longer have the benefit of surprise inflation and economic growth will be considerably slowed down, considers the president of the Fiscal Council, Daniel Daianu, according to Agerpres.

The president of the Fiscal Council participated on Thursday in the debate on the volumes „Economy. Selected works” which bring together a suite of works dealing with topics from the sphere of economy and economic policy. He also referred to the very low level of tax revenues in Romania.

In Daianu’s opinion, in Romania, „where people live in lies and hypocrisy”, we have economic policies that were wrong and brought us to these large structural deficits. We do not want to increase taxes. We want equity, but not in the sense of equality. Equity meaning compliance, „to pay”. And, he adds, this is not an „abusive state”. But a state that has to provide essential public goods without which society does not function. Because when it is difficult, this „abusive state” is asked to help on the left as well and on the right, the business environment and pensioners who have very low incomes.”

He also stated that there is no question of a transition to progressive taxation.

Daianu emphasized that when trying to change the fiscal regime, all those who are affected understand that a hand is put in their pocket and their money is taken away.

„We talk about society, but society does not exist on the radar of most people. There is one’s own pocket,” said Daniel Daianu.

On the occasion of the 140th anniversary of its establishment, the National Bank of Romania initiated an editorial project within the „Library of the National Bank of Romania” Collection, embodied in a set of volumes containing works and studies developed by central bank’s specialists in the last decades, on various topics in the fields of monetary policy, financial stability and the economy.

Agerpres

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