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The dilemma of the moment in fiscal-budgetary consolidation: the recipe for failure or the path to real balance?

Copyright © Vlad Boeriu - Deloitte Consultanta

The dilemma of the moment in fiscal-budgetary consolidation: the recipe for failure or the path to real balance?

DELOITTE CONSULTANTA SRL

21 Jul 2023

Opinion material by Vlad Boeriu, Fiscal and Legal Services Coordinating Partner, Deloitte Romania

The discussions regarding the fiscal-budgetary consolidation and the necessary measures for this purpose are intensified, as a rule, twice a year - before the elaboration of the budget for the following year and after an execution period of approximately six months, when the results of the applied policies become evident and corrective measures are imposed.

For more information, please see the Romanian version of the article, here.

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Tags : fiscal-budgetary consolidation , execution period , results of the applied policies , corrective measures

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