The governing coalition in Bucharest has met to discuss the country\u2019s budget for 2018. The budget bill for 2018 will be submitted for Parliament\u2019s debate in November and is to be passed most likely in early December, said Liviu Dragnea.
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He added that the bill would observe the budget deficit target and the budget rectification would be a positive one: \u201cThe good news is that the budget is going to observe the deficit target of less than 3% for 2018. We also tackled the issue of a positive rectification for 2017. And the budget deficit for 2017 is also going to be under 3%. We also talked about the transfer from employers to employees of the obligation to pay social security contributions and about the split VAT. We sent the amendments to the Senate to be adopted by the experts\u2019 committees.\u201d<\/p>\n
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The Social Democrat leader added that the completion of the budget bill for 2018 also depended on the approval of the country\u2019s Supreme Defense Council. In turn, the leader of the Alliance of Liberals and Democrats, C\u0103lin Popescu T\u0103riceanu, believes that it\u2019s necessary to maintain the same level of budget expenses. He also spoke about the need to reduce material expenses, in the sense of stopping the tendency of bureaucratic organizations to oversize their material needs. C\u0103lin Popescu T\u0103riceanu thinks the money should be allotted for investments in various fields. <\/p>\n
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In another development, he also gave assurances that the salaries of public sector employees would not be diminished: \u201cNobody will lose their jobs, there was no talk about such an issue, but I think it is necessary to put a cap on material expenses, because we also need money for investments. One of the priorities that we discussed in principle for next year\u2019s budget will be the allotment of substantial funds for the fulfillment of investment projects in various domains, not only in infrastructure. We need investments in the healthcare and education sectors as well as in other sectors, that should lead to the improvement of citizens\u2019 quality of life.\u201d<\/p>\n
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The government coalition leaders have analyzed a first strategy for the big infrastructure projects, and they are going to hold technical meetings with the representatives of the World Bank and the European Investment Bank. The public-private partnership project is going to be passed by an emergency ordinance in the coming days.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The budget bill for 2018 will be approved by early December, announced the Social Democrats leader and Speaker of the Chamber of Deputies, Liviu Dragnea.<\/p>\n","protected":false},"author":106,"featured_media":73887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[39097,33213],"coauthors":[],"class_list":["post-75323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-budget-bill-2018","tag-government-coalition"],"acf":[],"yoast_head":"\n