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The budget for 2018 does not observe the Constitution, we risk sanctions from the European Commission – opposition says

The state budget does not include money for wages and pensions, PNL Senator Florin Citu says

PNL Senator, Florin Citu, says the current state budget does not include money for wages and pensions and the Government survives on debts, borrowing money on monthly basis to pay the country’s expenditures, realitatea.net reports.

“PSD lies when saying there is money for pensions and wages. The budget does not include money for pensions and wages. Every month the Government borrows money with the highest interest rates in the EU to get money for pensions and wages. In the first quarter RON 5 billion were needed. This is money for which interest is being paid. This irresponsible behaviour of governments full of incompetent people will be paid by the future generations and by the current private sector which is harassed by ANAF, by taxes, excises and red tape,” Florin Citu wrote on his Facebook page on Wednesday.

Citu claims the budget includes money for wages and pensions, but the revenues are missing, they are to be collected or borrowed.

“The budget includes the expenses for wages and pensions, but the revenues to pay them are only estimated. These revenues do not exist yet. When drawing the line, we find out that the Government borrowed about RON 25 billion in 2017 and cut the investment expenditures by RON 20 billion in order to pay the wages and pensions. Two thirds of the budget expenses are for wages and pensions, this brings funding problems,” the PNL Senator wrote.

His comments come right after the head of state’s intervention Tuesday evening, challenging the Government to say plainly if it has money for pensions and wages.

President Klaus Iohannis took new stand against the Executive in a press statement at Cotroceni Palace on Tuesday evening. He stated that the Government must explain if it still has got money to pay pensions and salaries by the end of the year, asking the rulers what are they up to with Pensions Pillar II, considering the heated debates in the past days.

About Victor Lupu