Government budget

Ljubljana – The parliamentary Health Committee discussed the draft national budgets for 2022 and 2023 when the Health Ministry’s budgets will stand at EUR 683 million and almost EUR 524 million, respectively. The drop in funds in 2023 is largely a result of less funds envisaged for managing the Covid-19 epidemic.

The draft budget amendment weakens the budgetary consolidation as it was announced for 2021, the Fiscal Council said on Thursday night, in a release.

The budgets of some ministries will get additional resources at the revision of the national budget, but proportional to a deficit of 7.16% or less, Prime Minister Florin Citu said on Monday. "Budget implementation will indicate whether or not we need to change something in the allocation of resources for budgets in order to keep the budget deficit target at the 7.16%.

The caretaker Cabinet will draft a revision of the 2021 State budget and will submit it to the next  Parliament, Bulgarian Finance Minister Assen Vassilev told reporters here on Friday after the first meeting of an advisory board with his Ministry that focused on the effectiveness of spending of public funds.

President Klaus Iohannis promulgated on Monday the state budget law for 2021, the Presidential Administration announced. The head of state also promulgated the law on the state social insurance budget for this year. According to the Presidential Administration, the 2021 budget will allow Romania to develop in key-sectors, which have often been "ignored" in the past.

The Government on Monday evening approved the final version of the state budget law for 2021, with the approval of the Legislative Council. Head of the Chamber of Deputies and PNL (National Liberal Party) leader Ludovic Orban stated that, after the final adoption, with the approval of the Legislative Council, the state budget draft will most likely be sent to the Parliament on Tuesday.

The government adopted at its Friday's meeting the bill on the 2021 state budget, which remains "within the initial parameters", Prime Minister Florin Citu said. "We approved the Law on the 2021 state budget. We also approved the Law on ceilings, on specific indicators set out in the fiscal-budgetary framework for 2021, and the Law on the 2021 social security budget.

The draft state budget law will be approved with a deficit target of 7.16 percent and with the same parameters of expenditures and revenues, Prime Minister Florin Citu declared on Thursday. "The budget deficit remains as we have established, there are changes maybe inside, different allocations, more commitment appropriations. We are not talking about more budget appropriations.

The President of the Chamber of Deputies, Ludovic Orban, the leader of PNL (National Liberal Party), on Tuesday stated that there will be no increase in taxes, fees in the 2021 budget, adding that there is no delay in making the budget, just some talks are "a little more complex" in the context of a coalition government. "As far as I know, there is no increase in taxes and fees.

Today, MPs on voted to approve the state budget at first reading. The opposition Bulgarian Socilaist Party (BSP) and the liberal Movement for Rights and Freedoms (MRF) were against the budget framework. The budget was supported by GERB, BNT reported.