Romania’s Government will pursue big reforms in four areas (pensions, incomes, education, and public administration) this year, announced prime minister Florin Citu along with the publication of the 2021 budget planning, Adevarul reported.
As previously announced, the public deficit is planned to reach 7.16% of the GDP this year, down from 9.8% of GDP last year.
PM Citu assured that he would get involved personally in promoting these reforms and thoroughly evaluate each minister’s performance at the middle of the year when the budget execution for the first half of the year becomes available.
He stressed that the incomes in the budgetary sector were frozen, and he expects from each minister and state-owned company a plan of reforms by mid-year.
The overtime will be compensated in kind. The social security expenditures – the biggest single expenditure in Romania’s budget (some one third) – will increase by RON 4.4 billion (EUR 0.9 bln) to RON 143 bln (just under EUR 30 bln, or 14% of GDP) this year.
