
​Prime Minister Nicolae Chuke said on Monday in Fokshan that he had asked ministers to present him with a decision to cut budget spending by Wednesday, but he ruled out cuts in public sector salaries or investment. reports News.ro.
- “We discussed and asked at the press conference after the meeting of the Politburo, and now I am asking everyone who delivers information and asks questions to representatives of the authorities, so that we do not incite completely unfounded panic among the population.
- Each of these options is discussed during the consideration of the state budget, and of course each of them can constitute an analysis, but I have given the task in the government to discuss each option, not the issue of salaries and investments,” the Prime Minister said on Monday -Minister Nicolae Chuke.
The Prime Minister stated that in the next period the Government intends not to increase taxes, but to improve tax collection.
At the same time, the Prime Minister noted that the governors are responsible to the Romanians and cannot scare them with job losses or salary cuts, and in this sense, he asked the ministers to present to them by Wednesday, April 12, proposals to reduce costs.
- “At the moment we are not discussing new taxes. I take responsibility for any decision I make, and it’s a matter of responsibility. This is our responsibility to the Romanians.
- We cannot come now and scare them by saying that they will be out of work or without pay. Because the government has a solution.
- I asked the ministers to come by Wednesday and present to me the basic situation, how they can calculate their costs. This is absolutely normal.
- There are a number of budget items that can be managed so that we reduce costs.” said the Prime Minister quoted by Agerpres.
Marcel Bolosh spoke about the reduction in the number of government employees and the reduction of salaries among them
The Minister of Investments and European Funds, Marcel Bolosh, announced on Antena 3 on Saturday for the first time that in order to balance the budget and fulfill the tasks adopted through the PNRR, the government can revise the salaries of public servants. or even reduce their number.
“Now we have expenses for salaries in the budget system of about 110 billion lei. The condition that we have in the National Recovery and Resilience Plan is related to sustainability, the availability of all the experience and, let’s say, this negotiation procedure for the reform of special pensions, and how the European Commission poses the issue of sustainability in relation to these options, we said that maybe we are going to revise salaries in the budget system, or to a potential reduction in the number of budget employees, but the coalition will decide this at the right time,” Bolosh said.
The government has started to cut spending by 20 billion lei, which was confirmed by Finance Minister Adrian Cachiu after revealing that they made a mistake in the 2023 budget, as HotNews.ro also revealed.
Bolosh says that the latest statements that they have to cut costs by 20 billion lei will easily lead to these reforms that the Commission is demanding.
Income growth has slowed / High risks for Romania
If in previous years we had a greater growth in tax collections (inflation played an important role last year – it helped the state a lot), then this year this phenomenon subsided.
The value of the increase in collected taxes is 22.3 percentage points lower than the increase recorded as a ratio of activity for the first two months of 2022 and 2021.
In terms of amounts, there was a decrease in the rate of revenue growth from 11.688 billion lei (difference 2022 compared to 2021) to 4.822 billion lei (difference 2022 compared to 2022), i.e. 6.866 billion lei lower.
The difference is almost entirely observed in the 10 largest types of economic activity as a share of total receipts exclusively from economic activity.
Romania’s exchange rate risks are also particularly high as we face twin deficits: a current account deficit and a budget deficit.
- The Ionescu family and the 20 billion hole in the budget
Source: Hot News

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.