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Vosganian: Boc government budget deficit increases to 8-9% of GDP

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Posted on duminică, 18 octombrie 2009 by M.

Former Finance mnistru Varujan Vosganian argued, Sunday, in Cluj, the Government allocated money Boc political clientele, increasing the deficit to 8-9% of gross domestic product (GDP), reported NewsIn.

Vosganian said in a press conference that the government secătuieşte Treasury and finance areas of interest of PDL.

"This provisional situation of PDL is used to drain the Treasury accounts. In recent weeks there has been an astonishing centrifugal force from the Treasury to areas of interest of PDL, and perpetuate this situation would threaten irreversible achieve budgetary deficit is so enormous, the 7.3%. In our opinion, if the Government Boc stay in power until after the elections - and it's possible that intimate option Traian Băsescu and therefore it is causing us all sorts of proposals no odds - it is possible that budget deficit to rise above 8% and to increase public debt to 15 billion euros in 2009 ", said Liberal spokesman, adding that" degringolada "the economy will endanger the chance of economic realansare Romania.

Vosganian stressed that "sources of PDL client" of local government are targets of a "bleeding" of one hundred million euros "for local government current expenditure, which were not provided in the central budget.

"We will follow the Official Gazette and you'll see there are those destinations. I, in terms of macroeconomic indicators, it can tell you right now that the budget deficit may rise to 9% of GDP, leading the central government budget to a deficit of over 40 million lei, amazing for Romania in 2009, "Vosganian also said.

In turn, President PNL Cluj, Marius Nicoara senator claimed that belt to work around Cluj-Napoca, bid at 46 million lei, will end up costing the government budget of 150 million, the last payment was approved in recent weeks .



Category: finance, GDP

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