Romania’s government aims to reduce budget spendings with salaries by LEI 5.39bn starting June 1
Thus, by applying the 25 percent paycheck cutback to the 1,360,376 public employees, the state would reduce spendings with salaries by 5.39 billion lei in the second half of 2010, the document shows.The average salary gain in the budgetary sector stands at 2,239...
Budget spendings hike 6.8%, revenues drop 6.9% in the first five months
Thus, the budget gap widened to 2.1 percent of the gross domestic product (GDP), or 11.3 billion lei respectively, below the target established with the International Monetary Fund (IMF) for the end of the first semester.Expenses with goods and services lowered 5 percent...