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Budgetary Procedures in the Administrative-Territorial Units


  • Teliceanu Claudiu

    ("Dunarea de Jos" University of Galati)

  • Bujdoveanu Aurica

    ("Dunarea de Jos" University of Galati)

  • Mihailescu Emil Raul

    (Academy of Economic Studies of Moldova, Chisinau)


According to Law no. 273 of June 29, 2006 on local public finances, the elaboration of local budgets projects pertains to credit officers. They must however take into account the main macroeconomic and social forecasts for both the budget year for which the budget project is elaborated and for the next 3 years, those being developed by the empowered bodies and fiscal and budgetary policies that are both national and local. There should be also taken into consideration provisions of concluded internal or external loan agreements, memoranda of funding or other international agreements that are signed and/or ratified.

Suggested Citation

  • Teliceanu Claudiu & Bujdoveanu Aurica & Mihailescu Emil Raul, 2010. "Budgetary Procedures in the Administrative-Territorial Units," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 834-836, May.
  • Handle: RePEc:ovi:oviste:v:10:y:2010:i:1:p:834-836

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    More about this item


    budget structures; financial indicators; shares; transfers.;

    JEL classification:

    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General


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