The fiscal and budgetary construction developed at national level is focused on the maintenance of the macroeconomic stability process in order to achieve the nominal and real convergence criteria concerning the membership of the Romanian economy to the European Union integrated monetary space. The orientation of the fiscal and budgetary national policies is subdue to some major constraints regarding their capacity of ensuring the external sustenance, of developing the non-inflation process, of forming and consolidating the financing resources necessary to the accomplishment of the post-adhesion engagements assumed by Romania as a member state of the European Union.
fiscal policy, fiscal administration, budgetary policy, nominal and real convergence