Ruling coalition decides on 20 bln RON adjustment of budget expenditures, plans no budget revision 

The ruling coalition has decided to make a 20 billion RON adjustment of the consolidated budget expenditures, Finance Minister Adrian Caciu declared on Tuesday in Parliament at the Government's Question Time."There is no hole in the budget, this is an improper term. First of all, we have a slowdown in revenue collections in the first quarter, with 4.7 billion RON less compared to the estimate. Yet we must also consider the dynamics of budget collections. A ...

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