The warning of a member of the management of the National Bank: “A difficult time awaits us, not to mention very difficult, for at least 18 months!”
Solving the deficit problems must be part of an economic relaunch plan of Romania and awaits us at least 18 months, if not more, difficult period, not to say that it can be very difficult, said the former Minister of Finance Alexandru Nazare, currently a member of the Board of Directors of the NBR.
“” I am waiting for us-and I do not speak here as a member of the Board of the National Bank, I speak as a former Minister of Finance, he awaits us at least 18 months, if not more, of a difficult time, not to say that it can be very difficult, and I think it is a truth with which we have to start any kind of discussion. The bone knife.
He stressed that these problems are reflected in the country rating, and the country rating is reflected in the interest that the country pays.
“The private environment cannot pay a better interest than the one that the country pays. Things are very tied here. If the country performs, the interest decreases. As the country performs, the rating improves, the interest decreases. The interest decreases, the interest and for the private.
Nazare completed that he understands the dissatisfaction and expectations related to the banking system, as the banking system looks at the public system and would have expected the public system to build better budgets, to keep the expenses under control, to spend more European funds.
In the opinion of the former Minister of Finance, the discussion only about deficit is not suitable and should be discussed about economic relaunch.
“I think, however, talking about deficit today is not the right path. Although the problems are so big, I think we, today, should talk about economic relaunch as a whole, not about deficit. Today's deficit problems must be part of a plan of economic relaunch of Romania. Need for resources, but you have to cover holes. Well let's get a little back in time, return 10 years ago, 8 years ago and see that the economy was growing, “said Nazare.
The BNR official stressed that, during the period when Romania had economic growth, the resources were spent, and the economy was not a priority for governments and the parties.
“When the economy was growing, we did not ask the problem that we might arrive at a time when things change and need some resources. We still spent, we still spent until we got here and at the deep level we have to recognize one thing: the economy was not the priority of the state, it was not the priority of the governments. It would have been the economy, if we had prioritized the economy, then we had clear, measurable goals that started from down and as they started, measurable, were reflected in the activity of each ministry.
The Romanian farmers' club organized, on Thursday, the National Forum for the Future of Agriculture, a meeting dedicated to present the conclusions and to promote the important initiatives resulting from the series of the six regional forums carried out in recent months. The president of Romania, Nicușor Dan, participated in the opening of the event. (Agerpres)
