At the beginning of next week, at the latest on Tuesday, the Government will be convened in an extraordinary meeting to approve the budget rectification, announced Prime Minister Ilie Bolojan.
"Regarding the Government's activity these days, an important thing is the budget rectification. This rectification will be started, practically, during tomorrow and at the latest on Friday morning it will be published in decisional transparency for consultation. It will be within the lines that I presented and will be detailed by Minister Nazare as soon as it is publicly communicated, specifying the most important amounts that are allocated and the financial movements that are ensured following this rectification. This would mean that at the beginning of next week, at the latest on Tuesday, the Government would be convened in an extraordinary meeting and we would approve the budget rectification, in such a way as to ensure current payments, to complete the necessary amounts for social assistance and other areas, including a slight additional amount for the investment component", Ilie Bolojan told a Wednesday's press conference at Victoria Palace.
According to the Prime Minister, this budget rectification is quite tense, considering the pressure coming from the investment area.
"We over-contracted significant amounts on projects from European funds. Basically, we doubled the amounts that were allocated to us, instead of a little over 20 billion euros in grants and loans, the signed contracts were approximately 40 billion euros, if we subtract those that were terminated, so where contracts were not signed. This means strong pressures on the budget, both this year and next year. And in order for us to be able to allocate additional amounts to the investment component next year, mainly on over-contracting from the PNRR, we need to reduce our operating expenses. And, practically, all the money that will be saved additionally next year through spending cuts, through better efficiency, will be allocated to the completion of these investment projects from the PNRR", explained Bolojan.
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