8.6 C
February 28, 2021

Salaries and pensions – on the edge of not being paid at the end of April

At the end of April, Government experienced the real danger of not being able to pay salaries and pensions, but this was overcome, efforts being made for the funds to be secured from the budget, according to PM Emil Boc.

An inquiry by Realitatea TV shows there was a real danger for pensions and salaries not to be paid, Boc said that such a moment was not a distant one, it occurred at the end of April.

“We were not far from this. We overcome the moment, that peak, I hope there will not be another. But we made efforts, we reached a balance, we paid salaries and pensions in time, with the money we have in the budget, in line with the budgetary provisions,” Boc said.

President Traian Basescu said, at the end of April, that the money from the foreign loan to be made available to the government could be used, in exceptional circumstances, depending on the evolution of the economic crisis, for small salaries and pensions.

Boc said the government target was for the external loan borrowed from the European Commission to be used for funding the budgetary deficit, by means of investments, and he had hopes that economy would not pose such a situation as to have this money used for the payment of pensions and salaries.

Related posts

Fourth edition of “Home-made Wine from Jidvei Stum” campaign will be marked by the release of a new assortment

Nine O' Clock

Marco Esposito, appointed at the helm of UniCredit Tiriac Bank Corporate Division


Qualicaps is investing EUR 10.4 million to expand its factory from Bucharest. The investment will lead to a 45 percent increase in annual production

Nine O' Clock