Romanian government continues cost-cutting crusade to tackle massive deficit
Romanian officials recently announced new measures to cut public expenses, with decreased budgets for the Presidential Administration, Senate, Chamber of Deputies, alongside a series of staff restructuring initiatives. Cost-cutting…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Romanian officials recently announced new measures to cut public expenses, with decreased budgets for the Presidential Administration, Senate, Chamber of Deputies, alongside a series of staff restructuring initiatives. Cost-cutting activities began after the latest data showed that Romania’s budget deficit hit 8.6% in 2024.
Romanian minister of finance Tanczos Barna proposed a -10% cut in the expenses of the Presidential Administration, -5% for the Senate, and -9% for the Chamber of Deputies as part of the reduction in public expenses included in the 2025 budget proposal.
