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

Final electricity consumption in Romania declines 4.8pct in January 2025

Final electricity consumption in Romania decreased by 1.4% in the first month of 2025,...

CultMin Intotero: Mures County cultural heritage, a priority for local and central authorities

The preservation and promotion of the numerous historical monuments in Mures County must be...

PresidentialElections2025/Crin Antonescu sends message to Hungarian community before the Day of Hungarians Everywhere

The candidate of the "Romania Forward" electoral alliance, Crin Antonescu, who paid a visit...

OSCE delegation assesses electoral process in Romania ahead of presidential election

A delegation of the OSCE Office for Democratic Institutions and Human Rights (ODIHR) visited...

More like this

Final electricity consumption in Romania declines 4.8pct in January 2025

Final electricity consumption in Romania decreased by 1.4% in the first month of 2025,...

CultMin Intotero: Mures County cultural heritage, a priority for local and central authorities

The preservation and promotion of the numerous historical monuments in Mures County must be...

PresidentialElections2025/Crin Antonescu sends message to Hungarian community before the Day of Hungarians Everywhere

The candidate of the "Romania Forward" electoral alliance, Crin Antonescu, who paid a visit...