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September 15, 2019
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PM Dancila announces Centennial state securities for population with 25pct interest rate on 5 years. Gov’t passes decision on public procurement methodological standards

Prime Minister Viorica Dancila announced on Friday that the Government drafted, through the Finance Ministry, the Centennial state securities for the population with a 25 percent interest rate on five years.

“I want to announce the drawing up of the Centennial state securities for the population with an interest of over 25 percent, namely over 4.5 percent per year. The Centennial state securities can be purchased though the Treasury or the Romanian Post,” Dancila stated at the beginning of the Government sitting.

 

“Sovereign Fund, important project and concept that works in many EU states”

 

The Premier stated that  the Sovereign Development and Investment Fund, which was recently approved by the Chamber of Deputies, is an important project and a concept that already works in many other European countries.

“I want to hail Wednesday’s vote in the Chamber of Deputies on the establishment of the Sovereign Development and Investment Fund. It is an important project pledged under the government programme and a concept that already works in many other European countries and not just there,” Dancila said Friday in the beginning of the Gov’t meeting.

 

“BRUA project, of national, regional interest to increase gas supply security”

 

The PM  congratulated Romania’s Ministry of Economy and the Transgaz national natural gas transmission corporation on Friday on starting construction on the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline, saying it is a project of national and regional relevance that will make a significant contribution to increasing gas supply security.

“I would like to congratulate the Ministry of Economy and Transgaz on having started construction on the BRUA pipeline, a project supported by the European Commission, where European funds are used, a project of national interest and also of regional interest. It will make a significant contribution to increasing gas supply security,” said Dancila.

Transgaz has informed having started on Monday construction on the BRUA pipeline, a project of national interest, namely Phase 1, according to a press statement released by the Ministry of Economy.

 

Gov’t passes decision on public procurement methodological standards

 

The Government on Friday passed a decision on methodological standards related to the public procurement, governmental spokesman Nelu Barbu reports.

“A government decision on methodological standards for public procurement was adopted at today’s government meeting. As publicly explained by Minister of Finance Eugen Teodorovici, this piece simplifies, cuts through red tape and clarifies procedures so as to eliminate the bottlenecks in public procurement, in full compliance with European rules and legislation,” said Barbu at the Government House.

He added that the decision passed on Friday completes a process to simplify and cut through red tape in the field of public procurement that started a few weeks ago by the government.

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