AcasăEurope NewsPM Ciolacu: The budget will be built on 7pct deficit, 7pct investment

PM Ciolacu: The budget will be built on 7pct deficit, 7pct investment

Published on

The finance minister will present to the government the limits envisaged for the construction of the national budget, which includes a 7% government deficit and a 7% of the Gross Domestic Product (GDP) public spending on investment, Prime Minister Marcel Ciolacu said on Thursday.

„Today, the minister will present to the members of the government the limits for building the national budget. The very clear decision is that we will fall within a deficit of 7% and we will also have the same figure, of 7%, allocated to investment. Taking into account the fact that the nominal GDP will grow this year by about RON 150 billion, with the nominal amount allocated to investment automatically increasing from last year by up to RON 134 billion,” Ciolacu told a government meeting.

AGERPRES

Latest articles

PresidentialElection2025/Nicusor Dan: Curious what Mr. Antonescu’s public money pre-campaign expenditures amount to

Bucharest General Mayor Nicusor Dan, who also seeks a term as president of Romania,...

PresidentialElection2025/Antonescu: Constanta County has all its gets for Romania to become significant EU energy player

Presidential candidate of the 'Romania Forward' Alliance Crin Antonescu emphasized on Tuesday in Constanta,...

Ministry of Finance draws 75 million RON from banks on Tuesday, in addition to Monday’s auction

The Ministry of Finance on Tuesday attracted RON 75 million from banks, in addition...

Euro trades at RON 4.9770

The exchange rate of the national leu currency resulting from the quotations announced on...

More like this

PresidentialElection2025/Nicusor Dan: Curious what Mr. Antonescu’s public money pre-campaign expenditures amount to

Bucharest General Mayor Nicusor Dan, who also seeks a term as president of Romania,...

PresidentialElection2025/Antonescu: Constanta County has all its gets for Romania to become significant EU energy player

Presidential candidate of the 'Romania Forward' Alliance Crin Antonescu emphasized on Tuesday in Constanta,...

Ministry of Finance draws 75 million RON from banks on Tuesday, in addition to Monday’s auction

The Ministry of Finance on Tuesday attracted RON 75 million from banks, in addition...