General consolidated budget revenues and expenses go up 1.32 billion lei, in thrid revision of 2014

The revenues and expenses of the general consolidated budget go up some 1.32 billion lei in the balance and the general consolidated budget deficit will be kept as nominal value at 14.713 billion and as share in the gross domestic product (GDP), at 2.2 per cent, according to the emergency ordinance draft setting the legal framework for the third budget revision for 2014.

This draft, released by the Public Finance Ministry, is aimed at the anticipated payment of the quota corresponding to 2015 for the salary rights won in court by the public sector employees, as well as the integral payment of the arrears of the administrative-territorial units, on the grounds of registering a budget surplus accounting for 0.29 per cent of the gross domestic product.

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