ECONOMY INVESTMENTS

Economic priorities in 2016: Increase of foreign investment and the drafting of Romania’s long-term economic development plan

According to the strategic priorities for 2016 published by the Government on Friday, the Ministry of Economy, Commerce and Relations with the Business Environment wants to have the 2015-2030 mining strategy approved by March.

Among the ministry’s main objectives are the foreign economic relations, the increase of foreign investment and the drafting of Romania’s long-term economic development plan. To this effect, the ministry proposes setting up by July an organization or authority for promoting investments and foreign economic relations, with 43.3 million lei earmarked for its budget.

By mid-year, the ministry wants to reorganize the Department for Privatization and Management of State Interests and of the Authority for the Management of State Assets, in order to increase their efficiency.

Priorities should be set by April to allocate 159.49 million lei to creative industries, tourism, agriculture and research.

By September, a public-private partnership should capitalize on the potential of Romanians abroad, turning them into economic operators or local investors.

The economic diplomacy should be reset by the reorganization of the economic attachés network by July.

The ministry earmarked 40.57 million lei for analysis and reorganization in the defence industry, and 17.19 million lei for investments in technology in this sector, and by October it should come up with a 10-year plan for the participation of the national industry in the Army equipment.

Laws to be drafted by the ministry concern the defence industry, mines, tourism, and consumer protection.


Public administration priorities in 2016: National de-centralization strategy

According to the strategic priorities for 2016 published by the Government on Friday, the Ministry of Regional Development and Public Administration (MDRAP) wants national strategies for de-centralization, territorial development, habitation; also among its goals are e-government systems in urbanism and building permits, and carrying on the national programme for local development.

The public administration should be improved and streamlined for better quality. Territorial administration instruments should support decision-making, and the administrative capacity of the State Inspectorate for Constructiion should increase.

For the human resources, a strategy should be drafted for pubic functions, the National Agency of Civil Servants should be reorganized, and the National Administration Institute reopened.

The ministry wants ethics and integrity promoted through corruption prevention mechanisms, and support for local administrations in fighting corruption.

On the legislation side, the MDRAP is to draft the Administration Code and a law on the integrated system of real estate register.

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