Fiscal responsibility law put on hold at Senate by Finance Minister

The fiscal responsibility, one of PM Emil Boc’s priorities in this legislative session, has been awaiting debate in the Senate’s budget-finance committee since the beginning of this month, because Finance Minister Sebastian Vladescu has not had the time to go to Parliament and endorse it.

“The Finance Minister insisted on attending the session when the fiscal responsibility law will be discussed, but, unfortunately, he has been unable to go to Parliament over the last two weeks, so we will discuss the law next week,” Ion Ariton, PD-L, chairman of the budget-finance committee of the Senate, told ZF.

The fiscal responsibility law, on which the committee was due to submit its report on February 11th, is one of the commitments undertaken by the government to the IMF, with PM Emil Boc asking Parliament that it be adopted by the end of March. A postponement of the discussion until next week would make it very difficult for the law to be adopted as requested by the Government, because the Senate is the first chamber that the law needs to go through, with a plenary debate to follow. Then it will be discussed in the Chamber of Deputies (by committees and then in a plenary session).