Alexandru Nazare Announces that 2027 Will Be a "Key Year of Fiscal Adjustment, Not a Year of Spectacular Budget growth."
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Minister Alexandru Nazare gave Sorin Grindeanu a reply after President PSD accused that under the rule of Ilie Bolojan the budget deficit had increased.
The budget of next year must be built on what can be financed and not on what we would like to spend, says Finance Minister Alexandru Nazare.
Alexandru Nazare announces that the budget deficit fell to 3.81% of GDP in the first 9 months of 2026, from 5.31% in the same period of 2025. It fell from 102.47 billion to 78.3 billion lei, on the basis of fiscal consolidation measures. He explains, in a Facebook post, why 2027 will [...]
The year 2027 will be a key to fiscal adjustment, and budgets will be built based on available resources, [...]
The year 2027 will be a key to fiscal adjustment, and budgets will be built on the basis of available resources, taking into account already assumed obligations, permanent expenses and requests for different indexes, Minister of Finance Alexandru Nazare sent a Facebook post on Monday.
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