TITLE

Noi perspective în prioritizarea investiţiilor publice

AUTHOR(S)
Raţiu, Monica Amalia
PUB. DATE
June 2013
SOURCE
Romanian Public-Private Partnership Law Review;2013, Issue 6, p54
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Over the past 5 years, the public expenditure in Romania has been influenced, on the one hand, by the effects of the economic downturn on the size of the public funds, as reflected in the gross domestic product and, on the other hand, by the constraints affecting the public finance owing to the rules regarding the limitation of public deficit and public debt. Taking into account that between these constraining limits, the efficient public fund management, enabling the completion of investment projects in the process of implementation, as well as the implementation of those investment projects, of obvious utility and, at the same time, specific likelihood of being funded without affecting the public deficit and public debt targets, are based on a strict oversight, the legislative framework had to be amended. The new legal regulations were based on the commitments towards the International Monetary Fund and, in the course of the measure-implementation stage, also involved the specialized assistance of the World Bank. The aim of this article is to clarify the scope of the rules for the prioritization of public investments and the effective procedures enabling the implementation of new projects.
ACCESSION #
94594633

 

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