Gap deficit VAT collection
Ionut Dumitru: If we could collect VAT as in Bulgaria, we could build a long motorway, Comarnic-Braşov, every year
Romania is with public investments at the level it was before joining the European Union, and last year reached 2.6% of GDP, said Ionut Dumitru, the president of the Fiscal Council, at a conference organized by the Association of Financial Analysts- Banks in Romania.
“As if we did not have European funds allocated and we would have very little public investment, it is obvious that it cannot be sustainable.” The public investment is already below the European average, last year it had 2.6% of GDP and the European average is 2 , 7%, Hungary is in the top of the list with 4.5% of GDP, they have reached the highway with us and have nothing to connect because we do not have “, Dumitru said.
According to him, tax revenues are at historical minimum