BUSINESS

PM Ponta: Budget draft referred to Parliament most probably this Friday

The 2015 draft budget will most likely be referred to Parliament on Friday morning, Prime Minister Victor Ponta announced this Monday.

‘During the day and tomorrow at the latest, we will complete negotiations with our international partners – the IMF, the European Commission and the World Bank – in keeping to the already announced guidelines: a 2015 budget clearly providing no extra taxes and fees, thus the current tax rates are maintained or, in certain situations, such as special buildings, the tax goes down from 1.5 percent to 1 percent, and coverage for all the adopted economic growth and social protection measures. (…) The budget will most probably be referred to Parliament on Friday morning, after we complete and include all the related technical details (…),’ Prime Minister Victor Ponta said after the meeting of the National Standing Bureau of the Social Democratic Party (PSD).

According to the schedule mentioned by Ponta, the budget is supposed to be put up for vote on the same day President-elect Klaus Iohannis takes the oath in Parliament (on Dec. 21 – Ed. Note).

‘Parliament has the necessary time to complete their own procedures related to the submission of amendments, debates in select committees and the budget & finance committees, and to the passage in the plenary sitting. The calendar we will propose and still needs the final approval of the Parliament provides for a final vote on the budget on December 21, the day when Parliament should anyway convene in a joint session for the new President, Mr. Iohannis, to take the oath of office,’ the Premier explained.

The draft budget will be tabled to both the parliamentary groups of the ruling coalition and the Opposition, as soon as the negotiations with the international lenders are completed.

 

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