EUR 60 M loan to improve the judiciary services in Romania

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Romania will get a loan worth EUR 60 M from the International Bank for Reconstruction and Development to finance the Programme on improving the judiciary services, says the draft ratifying the agreement adopted by the Government on Wednesday.

The estimated cost of the project is EUR 65 M, with EUR 60 M coming from IBRD and another EUR 5 M being the Romanian state’s contribution through the Justice Ministry.

The loan is meant to support actions to revamp the courts’ headquarters and to modernize the judicial informatics systems stipulated in the strategy for the judiciary development 2016-2020. Therefore, the strategy is designed to improve the courts’ activity, to revamp the courts’ HQs through rehabilitation, expansion and furniture endowment, to improve the IT systems countrywide and to raise the audience’s awareness regarding the judiciary services.

The money will also go to improving the activity of the National Trade Register Office by implementing hardware devices and a new check in system.

The loan is also meant to help improve the prosecutor’s offices activity by fixing the IT infrastructure and the security infrastructure of the Public Ministry’s directorates.

The IBRD loan is granted for a period of ten years, with six years grace time.

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