Luca Niculescu: The budget rectification will take place in parallel with the presentation of the state of the country’s finances / “It seems logical to me that we should know the state of the country’s finances”

Prime Minister Luca Niculescu announced that work on the budget revision will begin on Wednesday, describing it as an urgent matter. The head of government said the process would be handled swiftly, amid the need to clarify the country’s financial situation.

According to the prime minister, the budget revision and the presentation of Romania’s financial situation will take place in parallel. The government is set to analyze data on budget execution and financing needs before adopting the appropriate measures.

The statement indicates that the government intends to accelerate preparations for the revision and coordinate it with a broader assessment of public finances. The prime minister has not yet provided details about the proposed changes, the ministries concerned or the exact timetable for approving the document.

The budget revision may include reallocations of funds between institutions and adjustments to revenues and expenditures, depending on the evolution of collections and government priorities.