US EditionThe Government Approved the First Package of Fiscal Measures. the Draft Was Sent to Parliament for Accountability.
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9 Articles
The Government adopted, on Friday, in the Government meeting, the draft law on some fiscal-budgetary measures, which includes measures to increase revenues, with an estimated additional budgetary impact of 9.5 billion lei in 2025 (0.5% of GDP) and 35 billion lei in 2026 (1.71% of GDP) and measures to reduce budgetary expenditures and the non-entry into force of additional expenditures. The Executive estimates that, as a result of these measures,…
The government led by Prime Minister Ilie Bolojan will adopt a complex package of tax measures by means of the procedure for undertaking the response to Parliament in a scheduled meeting for months after tomorrow. One of the most controversial changes is the increase in value tax (TVA) from 19% to 21%, as well as other fiscal and budgetary measures intended to stabilize public finances. The government article has given a green for tax and tax in…
Members of the Joint Permanent Bureaus of the Chamber of Deputies and the Senate convened the joint plenary session of Parliament on Monday, at 3:00 p.m., to assume the government's responsibility on the Austerity Law.
It is the first of the three packages of measures the Executive intends to promote in this summer.
The government approved the fiscal package on Friday, which will be submitted to Parliament for adoption by Tuesday, July 8, the day of the ECOFIN meeting. The Finance Minister says it is a crucial step to regain external trust. Alexandru Nazare stressed that this step is essential to regain international credibility, in the context in which the first positive signals have already appeared: ROBOR has dropped below the 7% threshold for the first…
The Executive has approved the Austerity Act on January to initiate the government's response to the House of Representatives and the Senate.
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