The General Mayor of the Capital, Ciprian Ciucu, stated that the budget of Bucharest is in a critical situation, describing it as an "elephant in the room". He emphasized that the budgetary disaster began in 2023, with the ordinance of the Ciolacu Government, which reduced income tax rates for municipalities. Ciucu explained that the City Hall started the year with only 317 million lei, much less than in previous years, which leads to an inability to pay.
The mayor mentioned that he will have to implement reforms and cut expenses, including through the restructuring of institutions. He highlighted the large debts of the City Hall, including lost lawsuits and subsidies for public transport, which severely affect the budget. Ciucu emphasized that, although he would like to raise taxes, the revenues would go to the sector city halls, leaving him without fiscal flexibility. He promised that he would do everything necessary to balance the budget, but warned that the measures would not be sufficient to solve the city's financial problems.
The mayor mentioned that he will have to implement reforms and cut expenses, including through the restructuring of institutions. He highlighted the large debts of the City Hall, including lost lawsuits and subsidies for public transport, which severely affect the budget. Ciucu emphasized that, although he would like to raise taxes, the revenues would go to the sector city halls, leaving him without fiscal flexibility. He promised that he would do everything necessary to balance the budget, but warned that the measures would not be sufficient to solve the city's financial problems.
Sources
Ciucu, despre criza de la Primăria Bucureştiului: "N-avem bani nici măcar să ieşim pe uşă". Când ar fi început dezastrul bugetar
Primarul Capitalei: Elefantul din cameră este bugetul / Nu avem bani nici să ieşim din cameră / Dezastrul bugetar a început pentru Bucureşti cu ordonanţa-trenuleţ a lui Ciolacu / A luat de la municipii cotele de impozit pe venit
Primarul Capitalei arată acuzator spre Marcel Ciolacu: 'Elefantul din cameră este bugetul. Nu avem bani nici să ieşim din cameră
Latest News
11:30
South Korea records a historic high of 42.5°C in Yangsan, the highest temperature since 1904
11:11
The resources of the U.S. Navy are insufficient for the defense of Israel, warns the highest American military official in Europe.
10:49
Russia announces the destruction of 635 Ukrainian drones on the night from Saturday to Sunday
10:27
A strong fire broke out on Sunday morning in a parking lot in Oradea, destroying several cars.
10:09
"The Gardener" and the Sitting Woman: symbols of an advanced Neolithic civilization from Dobrogea
See more news