Fiscal Council's Daianu: We cannot fit deficit target in 2019;2020 budget should start correction
Publicat:This year Romania cannot fit within the deficit target of 3 percent and the budget for 2020 should start the correction, the key-parameters being maintaining the deficit level of 2019, Chairman of the Fiscal Council Daniel Daianu stated at the European Union Finance & Banking Lectures Project 2019 (EU-COFILE) seminar. "The budget deficit is higher by 0.8 percent of the GDP than it was in last year's budget execution. We believe that we cannot fit within the 3 percent target. We even said in the note regarding the revision that we have a budget which includes in its structure a higher structural…
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