TAX AND BUDGETARY SUSTAINABILITY – CURRENT AND FUTURE PERSPECTIVES
TAX AND BUDGETARY SUSTAINABILITY – CURRENT AND FUTURE PERSPECTIVES

Summary/Abstract: The crisis caused by the pandemic context we have been facing for over 2 years represents a threat not only for the population's health, but also for the national economy, respectively for the citizens' living standard. From one industrial sector to another and from one enterprise to another, the adverse effects were felt against the background of the restrictions imposed to limit the impact caused by the coronavirus. In this context, it is obvious that the public finances, which are closely interdependent with the branches of the private sector, have also been subject to various influences. a situation characterized by the unsustainability of public finances greatly complicates the conduct of fiscal, budgetary and monetary policy and requires decision-makers to implement a tax-monetary strategy which, even if in the first phase, generates negative reactions, shall be effective on medium and long term.

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