Prime Minister Ilie Bolojan met of Wednesday at the Victoria Palace with representatives of the Foreign Investors Council (FIC), in the context of Government consultations for the legislation required to prepare the state budget for 2026.
According to a Government release, the discussions focused on the minimum turnover tax and the fiscal regime, key factors affecting investments and the economy.
"Business representatives presented arguments for the removal of the minimum turnover tax, underscoring that its introduction has impacted investments and investors' confidence in the Romanian economy," the release said.
In this context, Prime Minister Ilie Bolojan mentioned that a working group is currently analysing two options.
"The first one involves halving the minimum turnover tax from January 2026 and removing it in 2027, while maintaining the current national gross minimum monthly wage at 4,050 lei. The second option involves removing the minimum turnover tax from January 2026, while increasing the national gross minimum monthly wage to 4,350 lei," according to the release.
At the same time, the Prime Minister mentioned that all arguments will be analysed from both economic and social perspectives, and that decisions on the minimum turnover tax, the minimum wage and administrative reform will be taken in the upcoming period.
"These decisions will form the basis for finalising the state budget for 2026, which could be approved by the end of January next year, with a clear objective of meeting the budget deficit target of 6.4 percent of GDP," the release explained.
In the same context, representatives of the Foreign Investors Council underlined the importance of fiscal predictability for the development of investment projects.
Moreover, they expressed their willingness to contribute with studies and solutions to support the Government measures and, in the long term, to build a competitive economic model that will take Romania to a new stage of development, the quoted source said.
The consultations between the Government and representatives of the Foreign Investors Council will continue in the coming period.
Also attending the meeting at the Victoria Palace, on behalf of the Government, alongside Prime Minister Ilie Bolojan, were head of the Prime Minister's Chancellery Mihai Jurca and State Adviser in the Prime Minister's Chancellery Mircea Gutin.
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