“Politicians are optimistic about the construction of the budget. Not because, as written in the press and popular folklore, they are weak, out of touch with reality or sold to private interests. Although there are such cases. The reason is that the job description requires it. Electoral competition is based on promises, and a politician who would come to the voters with a plan to reduce the deficit by increasing taxes and cutting spending would have little chance of being elected,” said Aurelian Dochia on Thursday at the conference “Between Budget Deficits and Economic Sustainability” , organized by Oxygen Events

The budget structure is based on all the institutions that make up the state administration apparatus – at the local and central levels. They make initial proposals for their own budgets, and they have a vital interest in supplementing their budget allocations, Dochia explained.

According to him, the balance of the general budget does not worry the administrative apparatus in the slightest. “They see this balance only as a preliminary limitation to achieving their goals. The rule of thumb at this level is to ask for as much as possible to create a buffer for further negotiations at the next level,” says Dochia.

Usually, the excessive optimism with which they approach the construction of the budget comes from the political factor of the government, parliament, and political leaders, the economist concludes.

Fiscal-budgetary consolidation is “vitally important and urgent” and postponing it, relying on the favorable development of the economy and the impact of inflation, is not a viable option, has repeatedly attracted the attention of the Fiscal Council, which believes that budget revenues are at an “unacceptably low” level in relation to needs of Romania.

Exceptions and loopholes in the current legislation must be eliminated. But, warns the institution under the leadership of Daniel Dayanu, the application of such measures may face opposition from some interested groups.