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March 20, 2023
BUSINESS

Budget rectification, set for end-July

Finance Minister Florin Georgescu said Monday, after meeting the PSD group in the Chamber of Deputies that the budget rectification will be made at the end of July . “The situation of the budget execution is good. For H2 we intend to focus on planning the expenses in relation to the evolution of incomes to the budget, so we stick to the criteria agreed with the international financial institutions. We will also operate a budget rectification at the end of July, as provided by the Law of Fiscal Responsibility. This is also the moment when the mission of revising the accords concluded with these institutions will begin; we will receive the visit of the joint – EC, IMF, WB – mission during the 10 days that will follow July 25, and we will jointly examine the evolution of the accord,” Florin Georgescu explained.

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