BUDGET AND BUDGET EXECUTION IN THE NORTHWEST REGION OF ROMANIA

Ioan Batrancea (), Bechis Liviu (), Batrancea Larissa () and Stoia Ioan ()
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Ioan Batrancea: BABES-BOLYAI UNIVERSITY, CLUJ-NAPOCA,
Bechis Liviu: VASILE GOLDIS UNIVERSITY, ARAD,
Batrancea Larissa: BABES-BOLYAI UNIVERSITY, CLUJ-NAPOCA,
Stoia Ioan: BABES-BOLYAI UNIVERSITY, CLUJ-NAPOCA,

Annals of Faculty of Economics, 2013, vol. 1, issue 1, 846-855

Abstract: The budget is a tool multiannual financial forecasting both at micro and macro level. In this sense, regional and local government budget is a financial instrument that connects resources to use local funds in order to ensure the prosperity of the community concerned. Construction and especially budget execution highlights the effectiveness of local and regional government. Using a system of indicators correlated reveals income, expenditure and budgetary outturn.

Keywords: budget; budget execution; cash flow; revenue collection level; primary deficit (search for similar items in EconPapers)
JEL-codes: H72 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2013:i:1:p:846-855

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