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Staff Spending To Drop From 8.4% To 7.5% Of The GDP – Romanian Fin Min

Staff expenses will drop from 8.4% of the Gross Domestic Product to 7.5% of the GDP in 2009, while spending on the procurement of goods and services ill drop by 1.5 percentage points, from 6.5% of the GDP to 5% of the GDP, said Romanian finance minister Gheorghe Pogea.
Staff Spending To Drop From 8.4% To 7.5% Of The GDP - Romanian Fin Min
29 ian. 2009, 21:13, English

The minister added the level of spending from the general consolidated budget will grow by 1.3% of the GDP.

Budget spending will reach EUR51.16 billion, with EUR10 billion going to infrastructure, and EUR22.4 billion will represent administrative spending.
 
Pogea added the EUR18.7 billion difference will represent spending connected to pensions and Romania’s contribution to the European Union.
 
Romanian prime minister Emil Boc said the state budget for 2009 is built on a budget deficit of 2% of the Gross Domestic Product, an inflation ratio of 5% and economic growth of 2.5% of the GDP.