Navigating Fiscal Challenges and Legislative Hurdles
The government faces a pressing need to approve the 2025 Budget Law, encompassing $92 billion, by November 30. Amid fiscal strain and nearing public debt limits, there are concerns about public spending efficiency. The parliamentary debate will address resource scarcity and macroeconomic impacts.
Simultaneously, the government must pass numerous laws to secure over €30 billion in European funds. These include significant reforms in social services, family policies, and fiscal matters.
Legislative fragmentation and opposition complicate this process, potentially delaying funds and necessitating strategic prioritization. The overarching challenge is balancing fiscal responsibility with societal needs and growth initiatives.
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Budget Constraints: Cabinet Presents Draft Budget for 2025
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