Completing the legislative framework on the development of the Pension Pillar II is one of the priorities of the next quarter, PM Viorica Dancila announced on Thursday.
“Completing the legislative framework on the development of the Pension Pillar II is one of the priorities of the next quarter, and in this respect we will make sure that no one’s pension will be reduced from the state if it contributes to the Pension Pillar II” Dancila stated at the beginning of the Government’s meeting.
She mentioned that a team was formed in order to discuss with the administrators of the private pensions and with the beneficiaries’ associations.
“We formed a team to discuss with the administrators of the private pensions and with the associations of beneficiaries of these private pensions, in order to create a new framework, a European framework, with a larger openness for savings and investments. We plan to obtain the approval of the Financial Oversight Authority for this new framework by the end of Q2, and then to have it approved by the Government” Dancila also said.
The Government established that April 30 is a day off
PM Viorica Dancila announced at the beginning of the Government’s meeting that April 30 will be a day off.
“April 30 will be a day off for the public sector employees, given that May 1 is a non-working day. These provisions are not applicable for the working places where the activity cannot be interrupted, and in order to recover the day off corresponding to April 30, public institutions will opt either to perform the activity according to their normal working program – on Saturday, May 5, or to extend the working program until May 11, according to an established schedule” PM Viorica Dancila stated at the beginning of the Thursday’s Government meeting.
According to the Government’s decision, April 30 is declared as a day off, so that the budget employees will have four days off in the mini-holiday on the occasion of May 1.
“For the day established as a day off according to para.(1), public institutions will perform their activity according to their normal working program on May 5, 2018, or they will extend their working program correspondingly until May 11, 2018, according to the established schedule” reads the Government’s Decision.
These provisions are not applicable to the magistrates and to the other categories of personnel of the courts involved in solving cases on April 30, 2018, nor to the participants in these cases, according to the quoted source.
Spokesman Barbu: Gov’t has adopted ordinance bestowing strategic role on economic forecast board
At a meeting on Thursday, the Government adopted an emergency ordinance under which the National Economic Forecast Board will turn into the National Economic Strategy and Forecasting Board and be endowed with an important role in boosting public investment, according to governmental spokesman Nelu Barbu.
“Today, at the Government meeting, an emergency ordinance was adopted under which the National Economic Forecast Board is entrusted with developing a strategic component, while playing an important role in boosting public investment, by evaluating and monitoring state-aid schemes and by implementing investment projects under public-private partnerships (…) The Government supplemented the legislation for the organisation and functioning of this board, which will be called the National Economic Strategy and Forecasting Board and vested with new powers in terms of the investment strategy and encouragement component,” Barbu told journalists at the Government House.
According to Barbu, the board will develop short-, medium- and long-term economic and social development programmes, forecasts and studies in macroeconomic, sectoral and regional balances. It will also have ex-ante and ex-post evaluation powers in regard to the economic and social impact of state-aid schemes and public investment projects developed under public-private partnerships.
“The board will continue to include the Economic Programming Council, but with extended powers. (…) Among the new powers is the participation in the coordination of the activities that are needed for the adoption of the euro,” said Barbu.