Fiscal Council: Budget revision draft law is weakening previously announced budgetary consolidation
Publicat:The draft budget amendment weakens the budgetary consolidation as it was announced for 2021, the Fiscal Council said on Thursday night, in a release. "The large-scale revision of the budget revenues (increases of 17.6 billion lei) in the rectification draft has two main sources: the incorporation of the recovery of taxes postponed to payment by companies in the revenue forecast (not jointly taken into account as a result of a conservative approach of the Public Finance Ministry) and the favorable revision of the macroeconomic framework - forecasted economic increase of 7 pct from the initial…
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