ECONOMY FINANCE&BANKING

Teodorovici announces change in ANAF, “as an institution, in terms of computerization and change of mentality”: Some will align to this change, others will be upset and will protest. Standard & Poor’s soon-to-be-released final report, a very good conclusion for Romania

Finance Minister Eugen Teodorovici announced on Wednesday evening that several changes will take place at the National Agency for Fiscal Administration (ANAF), “in order to bring to the Finance Ministry certain activities that will help a lot the economic environment, even this mediation function”. At the same time, he says that ANAF will be changed this year “as an institution, in terms of computerization and change of mentality”. “(…) some will align to this change, others will be upset and will protest”, Teodorovici added.

“I was clear, in terms of ANAF’s policy, we will focus, without wasting financial and human resources, and not only on these small areas where there is no great corruption, on the one hand. Secondly, there will be some changes related to ANAF in order to bring to the Finance Ministry certain activities that will help a lot the economic environment, even this mediation function. When a company has a problem, it doesn’t challenge it back at ANAF, it’s obvious that ANAF will not issue other opinion than the original one, and this is where the Ministry will undertake to solve this problem of a businessman in one way or another, this is a radical change which was held with both hands, a certain person or group of people, because they don’t want to waive power, this is power for the system”, Teodorovici stated on Wednesday evening for Antena 3.

The Finance Minister said that ANAF will change this year “as an institution, in terms of computerization and change of mentality”.

“In this regard, I repeat, some will align to this change, others will be upset, will protest, will send Internet and online messages”, he said.

 

The Finance Minister, about his reaction towards Citu: There were not only lies, but very serious and totally ungrounded accusations. I could have used something, certain quotation marks, in my statement, to make him understand exactly what I wanted to say

 

The Finance Minister says his reaction towards the Liberal Senator Florin Citu took place in the context in which there were “not only lies” at the debate, but serious and “totally ungrounded” accusations were made. Teodorovici added he is the kind of person that says what he’s got to say and assumes his statements, but he could have used “something, certain quotation marks, in my statement, to make him understand exactly what I wanted to say”.

On Wednesday evening, the Public Finance Minister Eugen Teodorovici justified, in a TV show at Antena 3, his reaction towards Liberal Florin Citu, saying that it took place in the context in which there were “not only lies, but very serious and totally ungrounded accusations” at the debate in Parliament.

“Asked if the answer to these accusations with appellations such as “ugly and stupid” is the most appropriate, Teodorovici answered: “No, of course not, I could have used something, certain quotation marks, in my statement, to make him understand exactly what I wanted to say”.

“I am the kind of person that assumes what I am saying and I don’t want to hide behind my position, you know that when I have to say something, I say it, I am responsible for the position I hold and I don’t make excesses and I don’t breach the law, it doesn’t mean that what I said or the way how I acted… I don’t say this to justify my reaction, but I am sure you also have such feelings, but you don’t show them”, Eugen Teodorovici said.

He mentioned he would have liked that an important matter such as the country’s budget “was discussed on such a subject” in Parliament.

On Wednesday, the Finance Minister Eugen Teodorovici insulted Senator Florin Citu at the debate on the 2019 budget in the Budget and Finance Committees, saying to him: “You are handsome! You cypress! It’s not enough that you’re ugly, you are also stupid”.

While the PNL Senator Florin Citu was submitting an amendment, the Finance Minister Eugen Teodorovici asked his colleagues to reject this amendment and made several ironic statements related to Citu, according to Pro TV, which also published the images from the joint Budget and Finance Committees.

“You are handsome! You cypress! It’s not enough that you’re ugly, you are also stupid. You heard me? Citu, it’s not enough that you’re ugly, you are also stupid!”, Teodorovici shouted to him.

Asked by the journalists why he used such appellations, Teodorovici claimed he didn’t say anything bad: “Did I say something bad? I said you handsome, you cypress. See what cypress means.”

 

“Standard & Poor’s soon-to-be-released final report, a very good conclusion for Romania”

 

Standard & Poor’s (S&P) will release its final report within days and it will result in a very good conclusion for Romania, although not to have a state budget approved for almost one quarter does create problems on the external market, Finance Minister Eugen Teodorovici told private broadcaster Antena 3 on Wednesday night.

The minister added that in case President Klaus Iohannis promulgates the state budget, the projects start being unlocked, the allowances can be paid and there will be no problem until the end of the year.

“Not to have a state budget for almost one quarter can cause problems for one’s external market. We have to take some steps after the state budget is promulgated, hopefully as soon as possible. In the following days a final report of the Standard & Poor’s will be published that will conclude the exchange of information between us and them, and it will result, I’m telling you, in a very good conclusion for Romania,” the Finance minister stressed.

In context, he stated that “huge amounts” were allocated to two important areas, Health care and Education, and emphasised that there will be no investment bills that will not receive support from the Ministry of Public Finance.

“It is a budget that gives a chance to this country to develop, and at a sustained pace. I know it seems hard to believe that all this money be spent in a single year. We allocate huge amounts for Education and Health care, two important areas. There will be no investment bill to have no support from the Finance Ministry,” he added.

On the other hand, Teodorovici stressed that spending will be cut, and structures with no justification will be slashed.

The minister specified that the 2019 state budget is based on an economic growth’s prognosis of 5.5pct and reminded that since 2016 until now, the economic advance (Gross Domestic Product, ed. n.) is over 30pct.

“It’s fantastic. I had talks with other European counterparts. It is about appreciative talks. I mean, there is appreciation for the way Romania is progressing in the economic area,” Eugen Teodorovici asserted.

 

 

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