Govt sets fiscal and budget strategy for 2020-2022

The new Liberal government led by Ludovic Orban has adopted a fiscal and budget strategy for 2020-2022, accompanying the state budget for next year. Here are key points of the strategy:1. It says investments would increase gradually to reach 3.83% of the GDP by 2022. But it shows that while they would increase in nominal value, they would in fact drop as percentage of the GDP: 4.15% in 2019 / 4.3% in 2020 / 4% in 2021 / 3.83% in 2022. Nominal value would rise from ...

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