Fin Min: Budget rectification in November


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The Government will implement a new budget rectification in November in which it will take money from the investment projects that have no chance to be implemented and will be distributed to those with higher chances, Finance Minister Anca Dragu said on Wednesday.

“For the rectification we make an analysis on ongoing investiment projects at the ministries and if there is no reasonable chance that the project is implemented, the money will be redistributed to projects with better implementation,” Dragu said, informs.

Regarding the budget deficit this year, the minister said the target set will not be changed, but an analysis will be conducted based on current data to determine whether it will be below the set target, due to failure in completing some investments.


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