Home / BUSINESS / FINANCIAL / Positive budget rectification, cuts from intelligence services and Presidency. Main beneficiaries: local administration, health, education
Budget draft completed by Friday, ready for IMF mission

Positive budget rectification, cuts from intelligence services and Presidency. Main beneficiaries: local administration, health, education

The Government has released the draft budget rectification Thursday evening, a positive rectification by about RON 6 billion, but with funds cut from the intelligence services (SRI, SIE, STS, SPP) and from the Presidential Administration.

The estimated GDP was of RON 907 billion, after the rectification will be RON 945 billion. The expected budget deficit is of 2.97% of GDP.

According to the draft, presented by ziare.com, the principles are to ensure the amount for investments projects, to support the business environment, to cut the amounts for institutions having a low degree of using the money.

The institutions to have lower budget are: Romanian Intelligence Service (SRI), Ministry of Development, Ministry of Waters and Forests, the Foreign Intelligence Service (SIE), the Guard and Protection Service (SPP) and Special Telecommunications Service (STS), Ministry of Research and Innovation, Energy Ministry, Foreign Affairs Ministry, Ministry of Youth and Sports, Presidential Administration.

According to sources, the main beneficiaries of the budget rectification will be the local administrations, which will receive money to pay the staff’s higher wages.

Prime Minister Viorica Dancila said on Wednesday that, through the budget rectification expected in August, will be fully provided the amount for wages and pensions for this year.

“We have decided to allot more money to Health and Education,” PM Dancila said.

The draft includes additional amounts of RON 178.1 million for Education and RON 891.1 million for Health.

The Interior Ministry’s budget will be supplemented by RON 366.3 million.

The rectification will provide the amount of RON 185 million for the National Sanitary Veterinary and Food Safety Authority (ANSVSA) in the effort to fight the African swine fever.

Some 30,000 more tickets will be granted in the ‘scrap car’ programme, thus the overall number will reach 50,000.

The Premier announced the start of a programme for ‘renewing the home appliances to encourage the purchase of low-consumption, high performance-efficient appliances. The amount for the two programmes will be of RON 230 million.

The Transport Ministry will receive an additional amount of RON 170.5 million, its budget increases for the first time in the past four years.

RON 1.8 billion to be provided for the Start-up Nation Programme, to support the cinema industry and the ‘gROwth’ Programme for children,

Prime Minister Viorica Dancila announced an increase by RON 278 million to the budget for the National Agency for Fiscal Administration (ANAF) to update the IT system.

About Victor Lupu