Search results for " public finances"
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L'attività normativa del governo nel periodo 2009-2012
2020
L’articolo descrive l’attività normativa del governo nel periodo 2009-2012. Sono stati numerosi gli sforzi nell’azione di contenimento della spesa, finalizzata a conseguire la correzione sostanziale e duratura dell’andamento dei conti pubblici. Altrettanto strategica è stata la politica di liberalizzazione, apparsa prioritaria per la crescita economica del Paese e perseguita attraverso importanti provvedimenti. The article describes the legislative and regulatory activity of Government in the period 2009-2012. There have been numerous efforts to contain the public expenditure, aimed at achieving the substantial correction of the trend in public finances. The liberalization policy was strate…
The Importance of a Medium-term Budgetary Framework in Enhancing the Sustainability of Public Finances in Romania
2014
Abstract The reform that the romanian fiscal system should follow aims to increase the quality of public finances and fiscal governance and strengthening fiscal discipline through better management of budgetary resources. This can be achieved by taking legislative and institutional measures, such as a new law on fiscal responsibility, developing a long-term fiscal strategy, moving to a multi-annual budget programming by implementing a medium-term budgetary framework, the introduction of strict fiscal rules and the establishment of an Independent Fiscal Council. The purpose of this paper is to highlight the importance of adopting a medium-term budgetary framework by Romania and the role that…