March 19, 2019

PM Dancila: I welcome budget promulgation; we are in homestretch with projects we have set out to achieve
Mar 19, 2019

PM Dancila: I welcome budget promulgation; we are in homestretch with projects we have set out to achieve.
Prime Minister Viorica Dancila on Tuesday welcomed the promulgation of the budget, stating that the Government is in the homestretch with the projects we have set out to achieve, "so necessary for the development of Romania", and will continue to take measures to give Romanians a better life. "I welcome the promulgation of the budget, it is a development budget that will benefit all Romanians. As we have already said, the Government will continue to take the necessary measures to provide a better life for Romanians. It is from this principle that we have started the building of the state budget, a budget of investment and development. We are in the homestretch with the projects we have set out to achieve, so necessary for the development of Romania. As you know, we have allocated more than 15 billion lei for investments compared to last year, of which six billion lei for the transport infrastructure. The budget for 2019 provides for the highest allocation of funds for healthcare in the entire history of Romania. Last year, we substantially increased the salaries in healthcare, this year we focus our attention on investments, so that we can offer the Romanians access to performing healthcare services," Dancila said at the start of the Government meeting. She added that the education sector is receiving 9.9 billion lei this year, in addition to 2018. "By investing in children, we actually invest in the future of Romania. We also have money to raise pensions and salaries, as we proved that we had last year. By the amendments brought by the Government to the budget ceilings law, we also ensured the increase in child allowances - from 84 lei to 150 lei, and in the case of children with disabilities from 200 lei to 300 lei. We will continue through this budget to support the business environment and to ensure co-financing for many European projects", she mentioned. AGERPRES (RO - author: Dana Piciu, editor: Georgiana Tănăsescu; EN - author: Bogdan Gabaroi, editor: Simona Iacob)

[Read the article in Agerpres]

Romania Approves Memorandum For $2.5M Loan To Fund Justice Quarters Realty Project The Romanian Government on Wednesday approved a memorandum of the Finance Ministry for receiving a downpayment of $2.5 million from the International Bank for Reconstruction and Development (IBRD).

Four Turkish Industrial Groups Build EUR180M Plants, Create Over 1,100 Jobs In Romania Turkish industrial group Coskunoz is investing EUR20 million in the construction of a car parts factory in the locality of Dragasani (Olt County), and nearly half of the investment is covered by state aid.

Romanian-American Joint Committee convenes to discuss schedule of bilateral, multinational exercises A schedule of bilateral and multinational exercises, including within NATO, planned to take place during the current year and in 2020 on Romania's soil was one of the main topics for discussion at a meeting of the Romanian-American Joint Committee in Bucharest on Wednesday. "The (...)

President Iohannis signs decree appointing interim ministers President Klaus Iohannis signed on Wednesday the decree appointing the interim ministers at the Justice Ministry, the European Funds Ministry and the Ministry for Romanians Abroad. Thus, the head of state signed the decree appointing Deputy PM for implementing Romania's strategic (...)

Eurostat: Romania Posts Highest Government Debt-To-GDP Ratio In EU, In 4Q/2018 Romania’s government debt reached 0.8% of the gross domestic product in the fourth quarter of 2018, compared with the third quarter of 2018, being the country with the biggest increase in government debt-to-GDP ratio, during the mentioned period, data from Eurostat, the statistical office of the (...)

Dan Bucsa, UniCredit: Consumption, A Determining Factor For Romania's GDP Growth In 2019 Consumption will have the biggest contribution inRomania's gross domestic product (GDP) in 2019, and investments will not contribute to the economic growth this year either, UniCredit chief economist Dan Bucsa said Wednesday.

President Iohannis tells Venice Commission delegation that PSD legislates defectively President Klaus Iohannis welcomed a delegation of the European Commission for Democracy through Law of the Council of Europe (the Venice Commission) at the Cotroceni Presidential Palace on Wednesday to voice dissatisfaction with what he called a defective way in which the Social Democratic (...) : all romanian news. Copyright © DIRECTWAY | News RSS |