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May 19, 2022

PSD’s Dragnea: Grindeanu has put on his Prime Minister’s jacket and is firmly holding the Government’s reins

The Social Democratic Party (PSD) President Liviu Dragnea stated on Wednesday that the good economic news shows that Sorin Grindeanu “has put on his Prime Minister’s jacket” and “is firmly holding the Government’s reins,” confirming that the PSD platform can boost the Romanians’ incomes without affecting the macroeconomic balance.

“The good news in the economy confirms the fact that the governance platform can bring more money to Romanians’ pockets, without affecting the macroeconomic balances. Moreover, it shows that Sorin Grindeanu has put on the Prime Minister’s jacket and is firmly holding the Government’s reins!”, Dragnea wrote on Facebook.

He pointed out that budget revenues rose by 4.5 percent year-on-year in February, against the backdrop in which the special constructions tax and 102 other taxes were eliminated and the excise taxes were lowered.

Likewise, the PSD President claimed that VAT revenues grew by 2.5 percent year-on-year, even though the VAT was lowered from 20 to 19 percent, and that the number of jobs grew by 44,000 in the first quarter of the year.

“As I said before, if the platform is implemented, point by point, we will manage to re-launch the national economy and we will bring more Romanians into the middle class. All of this without going above the 3 percent budget deficit threshold!” Dragnea also wrote.

On the other hand, PSD Spokesperson Adrian Dobre pointed out on Wednesday, in a press release remitted to Mediafax, that after registering a slump in January, VAT revenues grew by 2.5 percent year-on-year in February, namely from RON 3,456 million to RON 3,541 million.

“Overall, in February 2017, state budget revenues were RON 681 million higher than the ones registered in the same period last year, growing from RON 15 billion to RON 15.68 billion. Likewise, the revenues from income and salary taxes grew by 1 percent in February, from RON 2,021 million to RON 2,042 million, while revenues from property fees and taxes grew by 0.2 percent, from RON 491 million to RON 492 million. The highest hike was registered by revenues from insurance contributions, namely 15 percent, from RON 4,551 million to RON 5,225 million,” Dobre pointed out.

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