{"id":66420,"date":"2015-12-04T13:50:00","date_gmt":"2015-12-04T11:50:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/the-2016-draft-budget-66420.html"},"modified":"2024-02-16T09:28:30","modified_gmt":"2024-02-16T07:28:30","slug":"the-2016-draft-budget","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/the-2016-draft-budget-id66420.html","title":{"rendered":"The 2016 Draft Budget"},"content":{"rendered":"<\/p>\n<p>In Romania, the&#13;<br \/>\n2016 state budget was drafted on the basis of several principles, such as&#13;<br \/>\nensuring fiscal stability and predictability, a more effective use of budgetary&#13;<br \/>\nresources, enhancing the transparency of the fiscal-budgetary policy and&#13;<br \/>\nchanging the relationship between the state and citizens. According to the Finance&#13;<br \/>\nMinister Anca Dragu, next year&#8217;s budget will provide for a 5% increase in&#13;<br \/>\npensions as well as the salary increases in the public sector established by&#13;<br \/>\nthe former Ponta government and endorsed by Parliament.  <\/p>\n<p><\/p>\n<p>The minister has also presented the main macro-economic&#13;<br \/>\nindicators: a deficit below 3%, a 4% economic growth, public investment&#13;<br \/>\naccounting for some 8.5 billion Euros and a GDP of some 180 billion. No decision&#13;<br \/>\nhas been made yet concerning the growth of the minimum salary to 270 Euro, as&#13;<br \/>\npromised by the previous government. <\/p>\n<p><\/p>\n<p>Finance Minister Anca Dragu: We&#8217;ve&#13;<br \/>\nstarted a study to see if increasing the minimum salary would affect Romania&#8217;s&#13;<br \/>\ncompetitiveness and would thus affect the entire economy. Depending on the&#13;<br \/>\nconclusions of this study, we will establish the stages in which the increase&#13;<br \/>\ncould be operated. At the level of the EU, many member countries raise minimum&#13;<br \/>\nsalaries on the basis of very clear economic models, in which all the potential&#13;<br \/>\nconsequences and implications are very well balanced, and thus the economy is&#13;<br \/>\nprotected from negative effects .<\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p><\/p>\n<p>The Liberals have&#13;<br \/>\nannounced they will support the draft budget if their requests are included in&#13;<br \/>\nthe document that will be submitted to Parliament for approval. The&#13;<br \/>\nco-president of the National Liberal Party, Alina Gorghiu, has stated that the&#13;<br \/>\nLiberals would like to see an increase in the amounts earmarked for investment,&#13;<br \/>\nhealth-care, education and defense. <\/p>\n<p><\/p>\n<p>Alina Gorghiu: If in&#13;<br \/>\n2016 we manage to avoid things  like&#13;<br \/>\ndemagogy and populism, which do nothing but raise expectations that are&#13;<br \/>\nimpossible to come true when the deficit is within the margins of 3%, then the&#13;<br \/>\nright balance will be stricken and we will have a normal partnership between&#13;<br \/>\nparliament, government and presidency.<\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p><\/p>\n<p>The Social -&#13;<br \/>\nDemocrats have stated they will vote in favour of the 2016 budget bill provided&#13;<br \/>\nthe commitments made by the previous government are maintained. Here is the&#13;<br \/>\npresident of the Social Democratic Party, Liviu Dragnea:<\/p>\n<p><span style=font-size: 1em;> If the&#13;<br \/>\nsocial commitments we made through the previous government are included in the&#13;<br \/>\nbill, namely the already approved salary and pensions raises, as well as the&#13;<br \/>\nmoney for education, health-care, infrastructure and local development and the&#13;<br \/>\nincrease in the minimum salary, as we committed ourselves to doing, then we&#13;<br \/>\nwill support this budget.<\/span><\/p>\n<p>&#13;<br \/>\n&#13;<\/p>\n<p><\/p>\n<p>The 2016 draft&#13;<br \/>\nbudget is to be adopted by Government next week and then submitted to&#13;<br \/>\nParliament for approval on December 17th at the latest. <\/p>\n<p>&#13;<br \/>\n&#13;<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2016 state budget was drafted on the basis of several principles, among which fiscal stability and a better relation between citizens and state institutions.<\/p>\n","protected":false},"author":107,"featured_media":65851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[38247,38248],"coauthors":[],"class_list":["post-66420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-2016-draft-budget","tag-macro-economic-indicators"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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