The Senate debates and votes today on the simple motion submitted by AUR against the Minister of Finance, Alexandru Nazare

The Senate debates and votes on Wednesday, starting at 10:00, on the simple motion filed by AUR against Finance Minister Alexandru Nazare. The document criticizes the way the Ministry of Finance presents the budgetary situation and accuses the authorities of providing the public with only some of the relevant data.

The motion, entitled “The state budget at the hour of truth. The same minister, two sets of accounts: one for Romanians, another for Brussels,” was filed last week and is signed by 30 AUR lawmakers and four unaffiliated lawmakers.

The initiators claim that the Bolojan Government accused the Executive led by Marcel Ciolacu of concealing the extent of the budgetary imbalance, and that the latter had adopted the practice from the Ciucă Government. AUR states that Alexandru Nazare, the current and former Finance Minister, is continuing the same approach.

In the document, the party reproaches the minister for selectively presenting data on public finances. AUR points out that a reduction of the budget deficit to 3.81% of GDP in the first nine months has been announced, but that the estimate calculated according to the ESA methodology, used at European level to assess Romania’s fiscal situation, has not also been presented.

The motion maintains that the difference between indicators calculated on the basis of cash flows and those reported according to European standards affects budgetary transparency. The Senate is due to decide on Wednesday whether to adopt or reject the document.