Alexandru Nazare: “The highways are reflected as an expense and in public debt, and in deficit. That is why there are blockages on the Moldovan highway”

Alexandru Nazare, a member of the Board of Directors of the NBR, spoke about the issue of the budget deficit, on Thursday, at the National Forum “Viitorul Agriculture”, and said that the highways “were no longer reflected on the deficit” and “there were no extra pressure for the state” if “they were managed through the Development Bank, if they were managed through the banks or by the banks”.

“In PNNR we had 15 billion for loans. Instead of using loans for the private environment, to make the 15 billion at the disposal of banks to create projects and to give financing with small interest, because we take them from the commission with small interest. Destined for all these things-maybe not 15 billion, and 3 billion, and 5 billion, not all the money, but I put on highways.

Nazare, former Minister of Finance, believes that “the Ministry of Economy with the Ministry of Finance must be brought together”.

“If we look in the structure of the Ministry of Economy, we will see that the Ministry of Economy is also tourism, it also makes defense, it also does film schemes, it does a lot of things, it does a pot of things and he should think of business. If he thinks business, they should have resources. The resources where they are? Fiscal you have at your disposal.

He claims that “Romania still has a great potential, but in order to reach this potential we must change our mentality.”

“There are no measures to do in half now. If we want to solve something, we must take fundamentally different measures today, to change things, to change the orientation we have taken. I think it is a very good idea to look in the area of ​​investment funds, but we must see exactly how, where is the optimal and the one, We think much better how we manage and negotiate these programs in Brussels, ”said the former minister.

A document published on Wednesday by the European Commission shows that Romania continues to face excessive imbalances, because its tax and current account deficits have increased, and the cost competitiveness was damaged in 2024. The public deficit of our country was 9.3% of GDP in 2024, and the forecasts of the Community Executive will place it in 8.6%.