Can A VAT Cut Be Considered When Drafting The 2012 Budget?

09.27.2011 By Iulian Anghel

The first discussions on the draft budget for 2012 bring about the first scenarios. The Government is due to send the draft budget for 2012 to Parliament by October 15th, at a time when economic growth forecasts for next year are adjusted downward by all economists’ analyses because of the gloomy global outlook.

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Keywords:
BUDGET
, DEFICIT
, VAT
, GDP
, GROWTH