Aspects on Opportunities to Reduce Public Expenditure

Ana-Petrina Stanciu and Maria Măcriş
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Ana-Petrina Stanciu: University of Petroşani, Romania
Maria Măcriş: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 4, 245-248

Abstract: Taking into account the pressures and risks caused by internal and external economic developments, the need to support economic growth and to reduce inflation, as well as prevalently ensuring the amounts intended to finance infrastructural projects and co-finance projects financed from European funds and Romania’s contribution to the Community Budget, and having regard to the views and recommendations of the European Commission, but as well of the rating agencies expressed during periodic evaluations, it appears that for avoiding the risks noted is necessary to adopt a restricting policy of budgetary expenditures.

Keywords: expenditures; budget; reduction; wages/salary; restructuring; public (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:9:i:4:y:2009:p:245-248

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