The government led by Ilie Bolojan has sent to the Parliament the draft Austerity Law, aimed at fiscal measures to stabilize public finances and reduce the budget deficit.
Emese Grancsa
.webp)
Economy
Credit: Cristian Cristel / Xinhua News / Profimedia
Always see our news on Google
The draft law aims to stabilize public finances by limiting expenditure and increasing revenues, with the objectives of reducing the budget deficit, regaining investor confidence and continuing infrastructure projects. The proposed measures include estimated revenue increases of RON 9.5 billion in 2025 and RON 35 billion in 2026, as well as cuts in budget spending of RON 1.25 billion in 2025 and RON 57.3 billion in 2026. The draft will be subject to parliamentary accountability.
Sources
BREAKING Guvernul trimite în Parlament proiectul Legii Austerităţii
Guvernul trimite în Parlament proiectul Legii Austerității
Guvernul a adoptat proiectul Legii Austerității - Documentul pleacă la Parlament, pentru procedura angajării răspunderii
Guvernul trimite în Parlament proiectul Legii Austerității
Guvernul a adoptat proiectul de lege privind măsurile de austeritate pentru reducerea deficitului bugetar
Guvernul trimite în Parlament proiectul Legii Austerităţii
Guvernul a adoptat proiectul Legii Austerităţii Bugetare. Urmează angajarea răspunderii
Latest News
18:49
Shein raised 1.7 billion dollars at its listing in Hong Kong. The online retailer was valued at 26.3 billion dollars, below previous expectations.
18:35
UDMR will not leave the alliance with PNL and USR until President Nicușor Dan appoints a new prime minister. Kelemen Hunor denied the speculation regarding support for PSD.
18:20
The forests of Romania will be monitored through satellite images and LIDAR technology, and wood transports will be tracked with artificial intelligence.
17:49
Greenland, Gibraltar, and the territories in the Pacific are gaining an increasingly strategic stake for Europe
17:48
Ilie Bolojan announced the resumption of works at the Iernut power plant, with an estimated completion by the end of 2026.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
