US EditionTanczos Barna: Budget Deficit Is Unsustainable without Correction Measures. We Are Facing Major Challenges
5 Articles
5 Articles
Deputy Prime Minister Tanczos Barna, former Minister of Finance, explained, joi, why tax reform measures are absolutely necessary and must be taken as soon as possible. The article Deputy Prime Minister Tanczos Barna explains why tax reform is absolutely necessary: “Budget deficit is unsustainable without corrective measures. We are time-pressed” appeared for the first time in Romania TV.
The budget deficit of the Republic of Moldova reached 6.83 billion lei in the first five months of 2025 – an increase compared to April, when it was 3.91 billion lei. Official data published by the Ministry of Finance show an accelerated increase in expenditures, while revenues are not keeping pace with the growth rate. In the period January-May, total state budget revenues amounted to 29.5 billion lei, while expenditures and non-financial asset…
Romania is facing a major challenge regarding its future fiscal-budget, a challenge that can be transformed into an opportunity, says Vice-President Tánczos Barna.
Vice-President Tanczos Barna said, uh, that the budgetary deficit that Romania has is unsustainable without corrective measures.
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