ECONOMY FINANCE&BANKING

PM Tudose: Tax measures adopted, sustainable and due to yield positive results for Romania

The tax measures adopted by the Government are sustainable and will yield positive results for Romania, including bigger pensions, premier Mihai Tudose stated.

“The tax measures adopted yesterday (Wednesday, ed. n.) are sustainable and will yield positive results for Romania including bigger pensions. I assure you that we will have enough money to accomplish our social programme of increasing the citizens’ wages, as well as investments in road infrastructure, health and education. We are not letting ourselves impressed by those who just want to take money out of Romania. They make a profit at Romanians’ contributions, they have revenues in Romania due to the favourable business environment, that they respect us then, because we respect them! They make profit here, they should pay here!” Tudose wrote on Thursday on his Facebook page.

According to the head of the Executive, the European Commission, the IMF, the EBRD and the World Bank have revised upwards the evolution of the Romanian economy for this year.

“The National Prognosis Commission showed that we will have a record 6.1 pct economic growth and we tend to believe that we will attain the forecast made by the Commission. The most important thing is that Romanians see this economic growth in their pockets and we are on the right track. According to INS [the National Institute of Statistics, ed. n.] the purchasing power of the average net salary has increased by 14 pct in August 2017 as compared to August 2016, and the average pension of social security has recorded a rise of 15 pct as compared to August 2016,” premier Tudose further mentioned.

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