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The former Public Finance minister, Eugen Teodorovici, announced on Monday evening that he will give his successor a draft budget that would reflect firstly the sums necessary to increase the earnings of Romanians, and if those disappear then he will submit amendments.
He stated that the budget deficit in ESA terms for 2020 is planned at 2.92 pct of the GDP, in 2021 at 2.99 pct, and in 2022 at 2.74 pct.
In what regards estimating budget revenues for the 2020-2022 period, the former Finance minister claimed that the former Dancila government had in view the fiscal-budgetary measures approved, as well as increasing the excise tax for tobacco, mentioning that this is an obligation of Romania, that if not taken might lead to infringement procedures. Teodorovici mentioned that the future Finance minister has time until the end of the year to reach the budgetary deficit target, of 3 pct of the GDP.
Asked if increasing pensions and salaries could bring budgetary imbalance, Eugen Teodorovici answered that "if something bad happens in economy it will be due to the incompetence that the people in public jobs will prove".
