www.mediafax.ro/economic/bugetul-pentru-2027-const

The Romanian government has initiated discussions for the 2027 state budget, focusing on reducing the budget deficit. Finance Minister Alexandru Nazare set strict deadlines for ministries to submit their spending proposals. The budget will be developed using the eBuget NG platform, funded by the National Recovery and Resilience Plan. As of November 4, 49 out of 56 budgetary authorities had submitted their proposals, with a deadline for others set for November 9. The budget preparation includes identifying projects that will not receive funding next year. Nazare emphasized that requested amounts do not guarantee funding approval and that final spending limits will depend on collected data and revenue estimates. He noted that the budget's construction will impact international rating agencies' evaluations, with potential for improving the country's rating outlook. The focus will be on sustainable revenue collection without exceeding realistic funding capabilities, aiming for a credible…