Budget rectification delayed over tension inside the coalition

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The budget rectification announced by the Finance minister for the end of July will be delayed by at least one week. PM Viorica Dăncilă has announced in the government sitting on Thursday that she is waiting for the CSAT’s green light on the budget rectification. Finance minister Teodorovici has also added that there is no more time for the rectification to be approved by July 31, as planned, so the Government might OK it one week later.

The rectification will not take place on July 31 anymore for there are more steps to be taken: CSAT, Fiscal Council, the Economic and Social Council, maybe it will happen one week later,” Teodorovici said.

While announcing his candidature for Presidency on behalf of ALDE yesterday, Calin Popescu Tariceanu complained about the budget rectification’s not being discussed by PSD with them. ALDE leader even said his party might not vote the rectification over discontent prompted by “more budget cuts”.

Asked about their coalition partners’ discontent that they had not been consulted about the rectification, FinMin Teodorovici replied: “Our colleagues are playing hooky. Of course, we’ll discuss with all the ministers on the same table”.

Teodorovici also said the budget deficit target by the end of this year remains the same, namely, 2.76% of the GDP.

However, the execution of the general consolidated budget has ended on the first five months of 2019 with a deficit of RON 14.7 billion, meaning 1.4% of the GDP, according to the Finance Ministry data, which means the sum is almost double as against the same period last year.

First information revealed that President Klaus Iohannis had summoned the CSAT meeting to discuss tbhe budget rectification on Tuesday, July 30.

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