BUDGET DEFICIT AND ITS IMPACT ON PUBLIC DEBT IN TERMS OF FISCAL POLICY Cover Image

DEFICITUL BUGETAR ŞI IMPACTUL LUI ASUPRA DATORIEI PUBLICE PRIN PRISMA POLITICII FISCALE
BUDGET DEFICIT AND ITS IMPACT ON PUBLIC DEBT IN TERMS OF FISCAL POLICY

Author(s): Tatiana Manole, Mihaela Bîrcă
Subject(s): Economy, Public Finances
Published by: Universitatea Crestina "Dimitrie Cantemir"
Keywords: budget deficit; budget balance; conventional budget deficit; primary budget deficit; national public budget; current revenues; expenditures; fiscal policies;

Summary/Abstract: The present research is current for Moldova because the country is facing a budget deficit during its independence years (27 years of sovereignty). The limitation of budgetary sources imposes the necessity of indebtedness of the country, especially from the outside. In this article, we examine the budget deficit in correlation with the state debt, and we will investigate the tax revenues as a result of the application of the fiscal instruments. This link is coherent and must be manifested by economic growth and improving the economic and social climate.

  • Issue Year: VIII/2018
  • Issue No: 36
  • Page Range: 90-107
  • Page Count: 18
  • Language: Romanian