The first economic recovery package prepared by the Ilie Bolojan government, presented on Thursday by the Finance Minister Alexandru Nazare, includes support measures for companies as well as new concepts and ways of financing. The government promises to shift attention from consumption to investments and from the number and volume of financing to quality, says the finance minister, who also made some clarifications on Radio Romania.<\/p>\n
<\/p>\n
Alexandru Nazare:<\/b> \u201c2025 was a year of correction, we had to take a lot of measures to reduce the deficit, save European funds and preserve Romania’s rating. 2026 must be a year in which we support growth, it must be a year of recovery and, of course, for this we must help businesses grow and bring new money into the economy. These are the reasons why we created, together with the other coalition partners, a set of recovery measures, which we presented publicly and which is available on the Ministry of Finance website.\u201d<\/p>\n
<\/p>\n
The main objective is to shift the focus from a consumption-based economy to one based on massive investments, so the broad package of fiscal and investment measures aims, among other things, to modernize the instruments that support companies, as well as new concepts and ways of financing. One of the novelties in the package is the introduction of a 200 million Euro financing instrument for the national defense industry, which has not benefited from this support so far, and another novelty is the introduction of a 10% tax credit for companies in the research and development area.<\/p>\n
<\/p>\n
Another new financing instrument is dedicated to Romanians in the diaspora who want to invest in the country and who will have 100 million Euros available to do so. At the same time, the economic recovery package attaches greater importance to the Investment and Development Bank, which will manage support schemes for companies, especially those in important areas of the Romanian economy and where the trade balance is negative.<\/p>\n
<\/p>\n
Alexandru Nazare: \u201cWe have rethought the way the scheme for industry works, because we wanted to have a much better reflection of the projects selected on trade balance deficits, so as to redirect important resources to areas where there is a real need to recover these trade balance deficits.\u201d<\/p>\n
<\/p>\n
The Finance Minister Alexandru Nazare has also pointed out that the measures in this package will focus on important areas of the Romanian economy, such as mineral exploitation and new technologies. (LS)<\/p>\n","protected":false},"excerpt":{"rendered":"
The first economic recovery package prepared by the Ilie Bolojan government, presented on Thursday by the Finance Minister Alexandru Nazare, includes support measures for companies as well as new concepts and ways of financing. The government promises to shift attention from consumption to investments and from the number and volume of financing to quality, says […]<\/p>\n","protected":false},"author":108,"featured_media":937655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[35516,35417,35972],"coauthors":[113249],"class_list":["post-979638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-economic-recovery","tag-measures","tag-nazare"],"acf":[],"yoast_head":"\n