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2017 State Budget: Between Forecasts and Adjustments

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It is essential that Romania's budget for 2017 is a solid, credible one, which is why the budget construction must be realistic, validated by the dynamics of economic evolutions that we witness in reality. We must recognize, however, that the economy and the budget have been affected by many fiscal-budgetary measures in a short period of time, in two consecutive years. Perhaps it would have been advisable to have at least 1-2 years of pause, predictability, so that the economy absorbs these policies through investment, structural adjustments and sustainable developments. In this respect, the quality of economic growth is even more important than the rhythm, hence the need for government responsibility in public policy.

 

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Cosmin Marinescu