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Florin Citu (PNL): International institutions estimate budget deficit of 3.5%-4% in 2017

Liberal (PNL) senator Florin Citu accuses Social-democrat (PSD) leader Liviu Dragnea of disinformation because he has not presented the most important estimate made by international institutions about Romania - that of budget deficit, which was estimated between 3.5% and 4% for 2017.

“The most important estimate is budget deficit. All these institutions, without exception, estimate a budget deficit between 3.5% and 4% for 2017. Dragnea and PSD swear that the deficit will not exceed 2.99% of GDP. They forget to present this comparison between PSD figures and international institutions. Dragnea and PSD misinform. They present a single figure, economic growth and ignore the other figures reported by those institutions,” Citu wrote on Facebook.

The liberal senator explains the fact that international institutions quoted by PSD confirm a deficit of over 4% in 2018 and an economic growth around 3.5% in contradiction with figures presented by Dragnea who says that deficit will be 2.9% in 2018 and economic growth over 5%.

“Now you can see why PSD says nothing about other figures and considers only economic growth. International institutions confirm the disaster presented by me when I saw they wanted to implement the government program. Another thing must be said. All these institutions estimate that in 2017 Romania will enter again the excessive deficit procedure. We hardly got out of that in 2013 with great sacrifices. The weapons preferred by PSD, misinformation and propaganda, can no longer mask the disaster in which they threw Romania’s economy,” Citu added on Facebook.

The liberal also said that the dismissal of the head of he National Agency for Fiscal Administration (ANAF) should be followed by the dismissal of the finance minister and putting an end to the government program.

PSD announced on Tuesday, in a press release, that international agencies of financial evaluation had rectified their prognoses about Romania. PSD members consider they are figures close to values estimated in the government program. PSD spokesman, Adrian Dobre, pointed out that Romania will be included in the budget deficit target of maximum 3%, and the measures adopted will increase the income collection for the state budget.