Mission-Impossible For 2012: Deficit Control In The Absence Of EU Funds

09.22.2011 By Claudia Medrega

There are about three weeks left until government needs to send next year’s budget to the Parliament, but the Finance Ministry still does not know what macroeconomic indicators to use in 2012 and what economic growth to take into account. The budget law is the most important act of a fiscal year and lot of things depend on how it is built, including the 2012 elections.

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Keywords:: BUDGET; , DEFICIT; , FORECAST; , GDP

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