PM Orban: Budget deficit worrisome, requires utmost caution with all spending increase
Publicat:Prime Minister Ludovic Orban said on Wednesday that the budget deficit is worrisome and all spending increase must be handled with caution.
"The budget deficit should not be compared to the deficit of other years. Not only Romania, but the entire world is faced with a pandemic that has generated a severe economic crisis. This economic crisis has led to the closure of a lot of activities and has diminished the Romanian state's revenues from taxes, fees and other dues. The deficit is largely the result of this economic crisis caused by the epidemic. I believe that all the measures we have…
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