Romania To Cut Funding For All Ministries Due To Lower-Than-Expected Budget Revenues

10.25.2013 By Ioana Tudor

Romania’s Government will revise down the state budget for 2013 at this year’s second revision scheduled for end-October, as revenues are 3.8 billion lei (EUR0.85 million) lower than expected, which will trigger fund cuts for all ministries, Prime Minister Victor Ponta said Friday.

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