ASSESSMENTS ON THE DEVELOPMENT OF MAJOR BUDGETARY AGGREGATES AND FINANCIAL FLOWS BETWEEN ROMANIA AND EUROPEAN UNION

Vasile Goșa, Păun Ion Otiman, Adrian Băneș, Andrea Feher, Miroslav Raicov

Abstract


The general consolidated budget represents the fundamental financial tool for the overall development of the country, being the expression of economic relations emerging within the distribution process of GDP in order to fulfill the state functions and tasks. Budgeting way influences the whole process of macroeconomic stabilization, having a directly or indirectly influence on the whole macroeconomic indicators with positive or negative repercussions in the current operative activity from microeconomic sphere. European funds absorption represents a national interest goal conditioning the achievement of country's overall development wish,  improvement of life quality, transport infrastructure, rural infrastructure, social, educational and medical services, generally influencing the achievement of investments as a support for future developments and sustainable economic growth, with a number of positive effects across the entire society.

 


Keywords


general consolidated budget; budgetary aggregates; European funds

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References


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Copyright (c) 2019 Vasile Goșa, Andrea Feher, Miroslav Raicov, Adrian Băneș, Păun Ion Otiman

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
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