Prime Minister Ludovic Orban statedthat the budgetary deficit at ten months is in reality much higher
Publicat:Prime Minister Ludovic Orban stated on Friday that the budgetary deficit at ten months is, "in reality", much higher than 2.8 pct of the GDP.
"We are at a minimum of investments for ten years now, we have reached a historical minimum of public investments in the past ten years. The budgetary deficit is a very high deficit, of 2.8 pct at ten months, but in reality this budgetary deficit is masked because the budgetary deficit is much higher. (...) It was maintained below 3 pct on the back of the business environment. A trick used is to delay VAT reimbursements to companies. At the moment,…
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