Finance Ministry Plans Spending Restrictions If Public Debt Exceeds Certain Levels

07.26.2012 By Radu Bostan

Romania's Finance Ministry wants to introduce certain spending restrictions to take effect automatically when the net public debt goes over 35%, 40%, or 45% of the GDP, said state secretary Liviu Voinea.

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Keywords:
GOVERNMENT DEBT
, PUBLIC DEBT
, BILL

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