Gov’t discusses draft budget revision

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The Romanian government on Wednesday discussed the draft ordinance on the budget revision that it plans to approve on Saturday.

The ministries of labour, justice, interior and education will benefit from additional resources for the payment of the salaries and the functioning of the institutions responsible to them, Prime Minister Emil Boc announced after the government’s meeting.

He explained the governmental guarantees cap will be raised 200 million euros this year and it will reach 8.6 billion lei in 2010 up from 7.7 billion lei this year, with the money to be mostly used to enhance Romania’s capacity of absorbing the European Union funds.

Furthermore, the budget allotments to public investment will be raised by 500 million lei for the local infrastructure and for school repair; resources will be provided for the two percent index-linking of the pensions from Oct. 1 and for raising the minimum welfare pension to 350 lei from 300 lei the unemployment benefits budget will get an additional 864 million lei and the pensions budget will be increased by 500 million lei, the prime minister announced.

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