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Budget Execution: Same Old, Same Old

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Exactly in these political days it was discovered that the budget execution exploded in December, as if to convince us that "fattening in the last minute" also applies to the consolidated general budget. We insisted on this budget pattern in November 2016, when the Government of Romania launched the OECD Report "Public Governance Scan of Romania". The end of 2016 budget execution confirmed once again that December is the hot month of public spending, the month when the deficit explodes.

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Cosmin Marinescu