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The draft state budget for next year has been published

The draft state budget for next year has been published

Articol de Radiojurnal, 20 Decembrie 2021, 05:42

The Ministry of Finance published the draft state budget for next year.

According to the document, the budget was built on the basis of an economic growth of 4.6%, and the Gross Domestic Product is estimated at 1.317 billion lei.

The budget deficit would reach 5.84% of Gross Domestic Product, and the average annual inflation is forecast at 6.5%.

Investment spending amounts to about 88 billion lei. The biggest budget increase will be at the Ministry of Transport - over 20% compared to this year.

There will also be increases at the Ministries of Finance, Education and Environment.

The Ministry of Health will receive the same funds as this year, while the budgets of the Ministries of Energy and Development will be reduced.

Translated by: Radu Matei

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