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Prime Minister Nicolae Ciuca said on Friday, during consultations with officials of the Romanian Association of Banks (ARB), that an inter-ministerial department for dialogue with the banks will be created at the government level under the authority of the prime minister which objectives include a programme of entrepreneurship, business education, working with banks, under which Romanian business people can understand and access the development opportunities offered by access to capital.
According to a government press statement, the main subjects of the meeting were the National Recovery and Resilience Plan (PNRR), the unfoldment of government funding programmes in support of certain business sectors, along with debureaucratisation and digital transformation projects at the level of the public administration.
"We need a real partnership that will capitalise on Romania's economic growth potential, access to capital for the business community and support in addition to the tens of billions of euros that will enter the country in the coming years under PNRR and operational programmes. In addition to the 30 billion euros - investment to support the PNRR reforms - we have 12 billion drawn from the funds for the years 2014-2020, to which are added funds for the years 2021-2027, for which we must receive approvals for operational programmes. European money will support Romania's economy, along with banking and finance instruments. The business community, SMEs, Romanian farmers need access to capital. We will create an inter-ministerial department for dialogue with the banks, at government level, operating under the authority of the prime minister. We want to start together with the banking system a programme of entrepreneurial education, doing business, working with banks, under which Romanian business people can understand and access the development opportunities offered by access to capital," Ciuca is quoted as saying in the statement.
Also discussed was developing government funding programmes and state-aid schemes to support small and medium-sized enterprises, and the agri-food industry, with an emphasis on increasing competitiveness and economic performance.
"The future funding generated for the support of major energy projects were presented as important opportunities for the banking sector to be involved, with special attention being paid to projects for the domestic production of the necessary resources."
The participants highlighted the need to expand digital transformation projects to include the public administration, both in the relationship between the government and the public, and in the relationship between the government and the business community.
"Electronic signatures can play an important role in optimising access to information streams, it was also mentioned during the meeting. As a matter of fact, the digital transformation of the administration is an important plank in PNRR for which substantial funding is earmarked. At the same time support offered especially to small or medium-sized enterprises will be essential both in the area of banking and finance education, as well as for their digital transformation., Agerpres informs.
