Ministers complain about budget being built on outdated model from the '90s

Several ministers complained during the discussion of the budgetary adjustment that the budget was built using an “outdated” model from the nineties, which no longer allows economic development under the current circumstances, so that the budgetary philosophy needs to be changed.

The discussion took place during the Government meeting on Wednesday, where the first budgetary adjustment this year was approved, with ministers asking the Premier to decide the allocation of funds based on priorities of the government, sources cited by Mediafax said.

In response to the request, Prime Minister Emil Boc said that changing the way the budget is built would create difficulties, as all the budget chapters would need rethinking, the sources added. This means the Premier, who has the final say in the government, tipped the balance towards the Finance Minister Sebastian Vladescu, the official in charge with devising the budget.