Characteristics of the Budget Process during the Economic Crisis

The author proposes, through this study, a brief analysis of the steps taken in the budgetary and fiscal policies implemented in our country from 1990 to present. During the study, the focus is on the composition and the implementation of the refinements brought into the budgetary process, drawing out the main negative phenomena, producing effects of the same nature, over the budget process as a whole. In addition to outlining some possible adjustments regarding fiscal policy, some inconsistencies of government policies are also highlighted, especially on fiscal policy prioritization, with an impact on ensuring continuity in the sequence of fiscal policy. At the end of the study, the author formulates relevant opinions on further possible adjustments in the fiscal policy, the perspective of the relationship between the banking sector and the state’s budget, the reflection in the budget of the state’s contribution to the co financing of the projects implemented by European Union funds and some effects of not respecting the budgetary specialization principle.