The substantiation of the state budget for 2014 has also considered some measures to improve budget planning activities by prioritizing public investment projects. The prioritizing approach of public investment projects in the budget process is a particularly important and complex one, involving...

The low values of public finances, due to the low level of collecting revenues, the high level of tax evasion and the low level of accessing European funds, makes the executive power to make frequent and unpredictable changes to the tax system, designed to streamline it in order to collect...

Efficiency of the tax system components is one of the basic conditions that ensure the formation of public funds to finance the estimated public expenditure and ensure a budget balance, in direct relation to the possibilities of taxpayers’ tax expression. The efficiency of the tax system is...

The financial crisis strongly marked states around the world due to the increasing indebtedness of the states and of the banks, which went through, with few exceptions, a prolonged recession. The year 2014 seems to mark a new economic cycle, and the turnaround is seen in Romania, a state which...

The creation of the national development fund was approved in 2006 through the specific legislation. The main argument in supporting the idea of creating this fund was the fact that Romania still had to privatize some more governmental ownership companies and the sums that would be obtained were...

Over 20 years of market economy in Romania showed that the State is unable to manage companies in which it is a stockholder (wholly or majority). This situation is proven by the large amount of arrears in the general consolidated budget as well as the acceptance of significant annual losses for...

Specific issues of public finance in general and taxation in particular have been always considered an essential attribute of a national state sovereignty. In the modern times, taxation due to its complexity and the vast area of regulation has an influence on national economy but also influences...

The evolution of the effects generated by the international economical – financial crises in Romania has to be analyzed in a direct link with the results registered as an effect of the EU fundraising process. The negative aspects have to be treated with a major responsibility, beside the...

Throughout the financial mechanism as a component part of the economic mechanism the state works with the help of the bodies set up within a legal system, public authority one the one hand and as producer and consumer of goods, supplier and consumer of services, organizer and financer of...

Between the public financial resources that are meant to satisfy the general society needs, the precise modality of sampling, distributing, and control of their use within a created normative background, and the instruments with which the state interferes within the economy on different levels...