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Nazare, about budget rectification: We cannot provide 80 billion, but we maintain 150 billion for investments

The Minister of Finance, Alexandru Nazare, made details on the budget rectification on Saturday, showing that the authorizing officers will not receive the entire amount of 80 billion lei, but the resources necessary for the operation of the institutions will be provided. At the same time, 150 billion lei will be kept for investments.

The Minister of Finance, Alexandru Nazare. Photo: Inquam Photos / Octav Ganea

The Minister of Finance, Alexandru Nazare. Photo: Inquam Photos / Octav Ganea

We obtained a deficit target of 8.4%, which is very important, because it provides us with the essential resources to cover today's needs – pensions, salaries, health and investment expenses ”said the minister in a clip posted on Facebook.

Nazare explained that the available resources will be realized with a small tax space, and the discussions with each authorizing officer continues to ensure the necessary financing.

“Of course we cannot provide 80 billion lei as the authorizing officers asked, but we do so that they have the resources they need,” he pointed out.

The minister mentioned that he also discussed the rectification with Prime Minister Ilie Bolojan and that his publication will take place on Monday, according to the Plan, during the Government meeting.



Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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