Unchanged GDP share of national road authority's revised budget

The revised budget of the Romanian National Company of Motorways and National Roads (CNADNR) went upwards in nominal terms from the budget execution last year and remains constant as GDP share, said the Ministry of Public Finance (MPF) in response to media information that CNADNR's allocations for investment projects had been reduced.According to MFP, the analysis of budget execution data for the first eight months of 2012 shows that the opened budget loans represent ...

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