India

PM Citu: Salaries and bonuses in the public sector to stay at the December 20 level

 Prime Minister Florin Citu on Wednesday said that the salaries and bonuses of the central and local public administration staff, including of those holding public offices, will remain at the level of December 2020 next year. "Related to the ordinance initiated by the Ministry of Public Finance, this ordinance ensures a budget saving of almost 17.6 billion lei for 2021.

FinMin Citu: Gov't to approve this Friday emergency ordinance paving way for budget adjustment

The government will approve this Friday an emergency ordinance introducing certain amendments required for carrying out the budget adjustment, Finance Minister Florin Citu declared on Thursday upon leaving the opening of the Bucharest Stock Exchange trading session, in reply to reporters' questions as to which ministries will receive more money at the upcoming budget revision.

Social-democrats say following ordinance on delaying loans payment, banks only win

The Social Democratic Party (PSD) says that banks only are the ones that win following the gov't ordinance on the loan instalments' payment delaying, adopted Thursday by the Government, and this is to be corrected in the Parliament. "The only one to win following the Ordinance of Citu (the Finance Minister, ed. n.) regarding the postponement of the instalments to loans payment are the banks.

Gov't to approve in Wednesday's meeting amendments to OUG 114 and state budget draft (sources)

The Government is going to approve in the meeting on Wednesday next year's state budget draft law and the draft law for the amendment of Government Emergency Ordinance (OUG) 114, governmental sources told AGERPRES. The draft law of the state budget for 2020 and the draft law of the state insurance budget for 2020 are on public debate on the Public Finance Ministry's (MFP) website.

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