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August 12, 2022
BUSINESS

Ministries of Youth and Sport, Education to receive 2% from gambling charge

The Ministry of Youth and Sport will receive 2% of the charge on gambling after modifying the system of sharing the money collected by the state from charges for granting the licence to organize and operate gambling, with the new system having been decided by the Government through emergency ordinance. The Ministry of Education will receive also 2%.

Through Emergency Ordinance, the Government has also decided that from the total amount collected from the gambling charge, 1% shall go to the Ministry of Culture (for the cinema fund and the Monuments Restoration Programme), with the remaining 4% being divided into equally between the Ministry of Education and Ministry of Youth and Sport.

Allotting a quota from the gambling charge for sport has been voiced for a long time by the world of sports, firstly by Ion Tiriac, when he was president of the Romanian Olympic Committee, and in the last two – three years, insistently, by the former COSR president Octavian Murariu, currently a member of the International Olympic Committee.

 

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