The Minister of Finance, about the increase of VAT: “It will not be an easy period, those who do not bear a direct fault for deficit will be felt.”
Alexandru Nazare. Photo source: HotNews.ro / David Leonard Bularca
The Minister of Finance Alexandru Nazare wrote, in a Facebook post, that the package of fiscal-budgetary measures that entered into force, including VAT increase, brings a difficult period that will be felt by those who do not have a fault for the budget situation, but has given assurances that they will follow the state spending discounts..
“Today the package 1 of fiscal-budgetary measures has entered into force. We know that it will not be an easy period and that they will especially feel a direct fault for the huge deficit in which it is Romania today. This first set of measures was necessary to secure the European funds, to ensure a more balanced settlement of the fiscal task on all the amount of the tax. Romania's finances in the last 20 years, ”wrote the minister, according to Agerpres
He has reminded some of the main changes that have entered on Friday in force, starting VAT, and explained that a reduced share of 11%, is applied to essential products and areas such as food, water and sewerage services, water for irrigation in agriculture, books, manuals, newspapers, firewood, thermal energy, restaurants, restaurants Pesticides, seeds and other agricultural products for sowing or planting, as well as the provision of services such as those used in agricultural production, buildings intended to be used as elderly and pensioners, children's houses and recovery and rehabilitation centers.
Increases: the longest day. Starting today, prices increase to almost anything: food, fuels, energy, housing. How you will be affected. “This food has a lot of energy cost in its composition”
“We remain on alert”
At the same time, VAT are exempt without the right to deduct operations such as hospitalization and medical care, educational activity and professional training, services and/or deliveries of goods closely related to assistance and/or social protection, services and/or deliveries of goods closely related to children.
“We know that the adjustments will be felt by all. Therefore, the following packages of measures will focus on reducing state costs, correcting the anomalies in the fiscal system and simplifying the legislation. We will seriously add some systemic problems: modernization and efficiency of the fiscal administration; increasing the collection, reducing the evasion, Finance.
He also transmitted that the solutions are still being worked on and that the authorities “remain on alert” to ensure the most efficient implementation of the set of measures.
“We continue to work on solutions to ensure that each decision contributes to a more stable and equitable economy. We know that unclear or blockages can occur in the next period, as a result of the implementation of the first set of measures – that is why we encourage you, citizens and representatives of the private environment, to signal to us. The most efficient implementations of the set of measures ”, gave assurances the Minister of Finance.
