Friday 06:18
Politics
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Prime Minister Ilie Bolojan announced that the fiscal measures implemented by the Government have led, in October, to a reduction in public sector salary expenses, decreasing them by 500 million lei. These savings are the result of cutting certain bonuses, including in education, and limiting European funds. Bolojan emphasized that these measures have started to take effect in the last three months, some of them set to come into force on January 1. Additionally, the Prime Minister mentioned that Romania will end the year with a deficit of 8.4%, highlighting the importance of this figure for the country's credibility in front of creditors and the business environment. This will contribute to lowering interest rates and resuming economic development in the following year.