FINANCIAL ANALYSIS REGARDING THE BUDGETARY EXECUTION

This article offers a complex analysis of the budgetary, execution process at the level of the Romanian economy The analysis outlines important correlations and processes that were experienced by the economic environment and emphasizes relevant aspects that decision factors at macroeconomic level must pay attention to. The results of the analysis are reinforced by the fact that all types of budget are approached: furthermore the public debt is studied in a comprehensive manner. It must be noted that the research keeps a constant watch on the real and possible future effects on the living conditions of the population. The political measures and indicators studied do affect the population, or the welfare of people must be one of the key objectives of national economic policies. Macroeconomic analysis always puts a key focus on the situation reflected by the budgets of a national economy, as the budgets describe the monetary, status of the country. Also, the budgetary execution reveals the modality in which available resources have been allocated for the achievement of the objectives assumed or planned. The quantitative study of the budgetary execution can describe the viability of previous budget design, it can validate or invalidate the assumptions made at that earlier stage. Likely important, apart from demonstrating the correctness of the budget provisions, the execution has important information and knowledge to offer about the impact of unexpected, random events that impact on the evolution of the economical and social environment. The rectification is an instrument that allows the government to deal with these events, but the measure and structure of the rectification can be used to describe the effects sustained in the economic-social context