The Government has made changes to the draft of the first budget correction, according to new documents published on the website of the General Secretariat of the Government. In principle, if we look, there are other numbers. The changes are in many places as you will see below.

Unfortunately, we have only uploaded the text of the draft order and the accompanying note. Important appendices such as Annexure 1 and Annexure 2 are missing, so we can only make a comparison with the data in the memorandum. In any case, after approval and publication in the Official Gazette, HotNews.ro will present the new text.

First of all, it should be said that compared to the initial version, they came up with a little more income (only at the end of the year we will see if it will come true – now it is only a forecast), so an increase of 30.36 billion lei is foreseen (previously it was 29.94 billion lei).

Unfortunately, we also do not have access to the new Annex 1, so we understand from the explanatory note that the additional money will actually come from “amounts received from the EU/other donors against payments made and related to pre-financing to the 2014 financial framework year -2020: +1.381 billion lei on the balance” (previously the figure was 956.3 million lei).

As for expenses, they were also increased, but to 33 billion lei (previously they amounted to 32.29 billion). The increase in the deficit remained the same: 2.649 billion lei.

*The numbers from the first version of the correction are given in parentheses

Who will get more money in the first correction of 2022

According to the new version of the budget clarification project:

• Ministry of Finance – General actions: +8.692 billion lei (previously it was 9.33 billion lei – mainly, they decreased from the amount allocated to the Reserve Fund of the Government – 300 million and from Romania’s contribution to the EU budget – 337.9 million)

Practically, now we are talking about +8.692 billion lei, of which: +4 billion lei Interest, +700 million lei Budget reserve fund at the disposal of the government, +528.9 million lei Romania’s contribution to the EU budget, +1130.195 million lei Transfers to enterprises in the case of state aid schemes, +2,283.7 million lei. Projects with financing from external grant funds relating to the 2014-2020 financial framework to provide the amounts needed to refinance projects for beneficiaries and/or continue financing projects in the event of temporary unavailability

European funds.

• Ministry of Labor and Social Solidarity: +5.25 billion lei on the balance sheet (as at the beginning)

• Ministry of European Investments and Projects: +2,719.7 million lei (the same)

• Ministry of Health: +2.526 billion lei (previously +2.642 billion lei were allocated – so we see a decrease in the allocated amount)

Basically, compared to the previous version of the correction, they reduce funds from the National Insurance Fund.

• Ministry of Energy: +2.502 billion lei (previously it was +2.482 billion lei – the money was reduced from other transfers)

• Ministry of Transport and Infrastructure: +2 billion lei (the same)

• Ministry of Development, Public Works and Administration: +1.278 billion lei (previously 649.2 billion lei)

Practically more money was given to PNDL: 1.3 billion lei (previously 700 million lei).

Programs with non-refundable funding of 10 million lei were slightly added, up to 45 million lei. Otherwise, there is a certain saving on goods and services (-1 million lei), on subsidies (-280 million lei), projects financed by non-returnable external funds related to the financial framework 2014-2020 (-500 million lei).

• Ministry of Entrepreneurship and Tourism: +1.148 billion lei (previously +648.3 million lei)

More funds were allocated for the development of projects financed from non-returnable external funds (+1.139 billion lei – previously it was 639.1 million lei).

• Ministry of Justice: +864.4 million lei (the same)

• Ministry of Agriculture and Rural Development: +716.3 million lei (the same)

• General Secretariat of the Government: +251.1 million lei (previously +241.5 million lei). They decided to reduce the accumulation of reserves of the state reserve.

• Ministry of Research, Innovation and Digitization: +203.5 million lei (the same)

• State Ministry: +201.0 million lei (the same)

• Ministry of Economy: +125.6 million lei (the same)

• Ministry of Education: +64.0 million lei (previously 57 million lei were allocated)

• Ministry of Sports: +33.7 million lei (the same)

• Romanian Academy: +13.9 million lei (the same)

Who gets less money to fix

• Ministry of Internal Affairs: -559.3 million lei (the same)

• Ministry of Environment, Water and Forests: -434.4 million lei (same)

• Ministry of Culture: -275 million lei (the same)

• Special telecommunication service: -151.0 million lei (the same)

• Ministry of Finance: -146.9 million lei (the same)

• National Administration of Sanitary Veterinary and Food Safety: -84.1 million lei (the same)

• Ministry of Foreign Affairs: -67.1 million lei (the same)

• Accounting Chamber: -23.8 million lei (the same)

• The Higher Council of Magistracy: -18.7 million lei (previously it was -30.7 million lei)

In this case, CSM decided to reduce personnel costs to an additional 5 million lei. The rest are reductions in other sections of the estimate of this institution.

Unfortunately, as I said above, the new Appendices 1 and 2 have not been released on the SGG website. So, in other institutions we do not know what the changes are, but as we are used to, the most important thing is to see what will appear in the Official Monitor after acceptance.

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