Voinea: Budget revision to be approved at last Gov’t meeting of July

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The 2013 budget revision will be approved at the last meeting of the Government this July, Minister-delegate for Budget Liviu Voinea told a conference on Tuesday at the National Bank of Romania (BNR).

‘The budget revision will happen late this month and it will be discussed with Romania’s international partners. There is a working paper around and there is a permanent conversation with all the ministers,’ said Voinea.

He added that as far as macroeconomic stability is concerned, Romania is faring exceptionally well, even better than what the international credit ratings suggest.

‘Romania is among the few European countries with a deficit of below 3 per cent of the Gross Domestic Product (GDP) and a public debt smaller than 40 per cent of the GDP,’ said Voinea.

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