BUSINESS COMPANIES ECONOMY FINANCE&BANKING INVESTMENTS

Government meeting. PM Dancila: Procedure to request funding through FDI to be simplified. OUG on ridesharing to be put up for public consultation

Prime Minister Viorica Dancila announced on Thursday that the Development and Investment Fund (FDI) will be extended in order to complete and arrange the storage and preservation spaces of agricultural products and the procedure for requesting the fund through this programme will be simplified by eliminating the construction permit from the list of necessary documents when lodging the file.

“In today’s Government meeting we are improving the functioning of the Development and Investment Fund by taking over proposals coming from the territory. I am mentioning that this instrument is quite appreciated. In just 20 days, approximately 1,000 funding requests have been lodged. We are extending this programme in order to fund the construction and arrangement of the storage and preservation spaces of agricultural products, a measure awaited by the farmers who need support to capitalise on their products. Because Romania needs modern infrastructure, we are also including the funding of investments for the construction of airports in the main priority area of the Fund,” Dancila stated in the beginning of the Gov’t meeting.

She also mentioned that through the decision which will be made by the Executive, the procedure for requesting funding will be simplified.

“In this regard, we are eliminating the construction permit from the list of necessary documents when filing the application for funding. In order to avoid confusion, I would point out that this document will continue to be mandatory for starting construction works. In view of financing as many projects as possible, other expenditures such as utilities, design, feasibility studies or technical expertise will be eligible,” the Prime Minister mentioned.

Viorica Dancila mentioned that another measure to be adopted by the Gov’t is aimed at regulating the involvement of investment funds or companies, including the privately managed Pension Fund, which want to participate in a public-private partnership in achieving the strategic projects.

“I carried out talks with the international investment funds, that have a great interest to fund such projects. We are setting up a simple mechanism through which the investment funds or companies will submit to the National Strategy and Prognosis Commission letters of intent regarding the funding of some projects until the substantiation study is approved. Based on these requests, the funding structure of each project included in the substantiation study will be established. Through these changes, we will ensure additional funding to complete the public-private partnership projects,” the Prime Minister showed.

 

Gov’t to discuss “A Family, A House” project for the first time

 

The Government on Thursday is set to discuss, for the first time, the project “A Family, A House,” which is a version of the “First Home” programme closer to the citizens’ needs, Prime Minister Viorica Dancila stated.

“We are discussing today [Thursday – editor’s note], for the first time, “A Family, A House” project, which is a version of the “First Home” programme closer to the citizens’ needs. We are proposing new measures to cut down financing costs for the Romanians who want to buy a place to live. Basically, we are proposing to increase the level of the government guarantee from 50 per cent now up to 80 per cent of the value of the credit, while the state will also take over the management fee and it will substantially cut down the interest for the families with children or persons with disabilities,” the PM said in the beginning of the Government meeting.

She added that another programme to be launched on Thursday will be “Ana Aslan – Elder-in-Residence.”

“We approve a memorandum by which we support the building, setting up and arrangement of the residential centers for elders, by granting up to 500,000 euros to each investor or non-governmental organisation that wants to apply this programme. The programme will run until 2020, with financing of 4 billion euros available for commitment appropriations,” she said.

Moreover, the PM mentioned the Government will promote very soon a project already in the decision-making transparency phase related to the government’s programme “Development of the North-East Region.”

“We want to improve the life standards of Romanians, to help those who do not benefit of the necessary utilities for a decent living. In this respect, we will grant a non-reimbursable aid of 20,000 lei to each household, for the thermal and energy insulation of the houses, heaters, hot water through solar systems, sanitary groups inside the houses and for these houses to be linked to the water and gas networks and the sewerage,” said Dancila.

 

Gov’t  approves recognition of Timisoara 2021 European Capital of Culture Association as being of public interest

 

The Government will approve on Thursday the recognition of the Timisoara 2021 European Capital of Culture Association as being of public interest, Prime Minister Viorica Dancila announced.

“In today’s meeting, we will approve the recognision of the Timisoara 2021 European Capital of Culture Association, as being of public interest. It is a way to support this association which coordinates the preparation of the candidacy file, as well as the implementation, monitorisation and assessment of the included cultural programme in the candidacy file. The Timisoara – European Capital of Culture programme is an important project for Romania and for the promotion of national culture in the European multi-cultural context,” Dancila stated in the beginning of the Gov’t meeting.

She mentioned that, in the next period, the Gov’t will also come up with other measures in order to endorse this important project.

 

OUG on ridesharing to be put up for public consultation on Thursday

 

Prime Minister Viorica Dancila on Thursday announced that the government emergency ordinance (OUG) draft on the regulation of the ridesharing activity will be put up for public consultation, with the normative act to be adopted next week.

“Another topic of a public interest is the regulation of the ridesharding activity. The Ministry of Transport and the Ministry of Regional Development and Public Administration in the past week had several consultations with the factors involved, the process enjoying everyone’s appreciation. Today, the draft regarding this topic will be put up for public consultation, and next week we will adopt the agreed solutions,” said Dancila, in the beginning of the government meeting.

The Minister of Transport, Razvan Cuc, on Wednesday stated that the government emergency ordinance draft that regulates the ridesharing services could be put up for public consultations next week.

“Probably next week we will put this ordinance in transparency. But I have permanently discussed on this topic with them, so no one should worry about this. All that I want to say is that this ordinance must be balanced for all parties, so that no one is upset, the taxi drivers, or the Uber drivers,” said the Minister, in a press conference at the Victoria Palace.

More than 200,000 persons signed a petition for the urgent regulation of the ridesharing services, and in this context the Coalition for a Digital Economy Association asked the Government on Wednesday “to show that it heard the voice of the consumers” and publish the emergency ordinance draft regulating these services.

The effects of this lack of regulation were that thousands of drivers remained without income, while costs tripled for those who call an Uber, Clever or Bolt.

The Coalition for a Digital Economy Association is an independent organisation representing the main ridesharding and e-hailing companies in Romania: Uber, Bolt and Clever.

 

Environment Minister launched 2nd edition of Rabla programme for household appliances

 

The Environment Ministry launched on Thursday the 2nd edition of the Rabla programme for household appliances, a scrapping programme for which the Government has earmarked 40 million lei this year, twice compared to last year, Prime Minister Viorica Dancila stated.

“Today [Thursday] Mrs Deputy Prime Minister and Environment Minister Gratiela Gavrilescu, launched the 2nd edition of the Rabla programme for household appliances, which was initiated last year by the PSD-ALDE [the Social Democratic Party – the Alliance of Liberals and Democrats] Government, out of concern for the people and the environment. In 2018, the funds were exhausted in the first week since launching, which is why we have earmarked 40 million lei this year, twice the amount compared to last year. We want more and more Romanians to benefit from vouchers in order to purchase home appliances. Thus, Romanians who want to buy a refrigerator, a washing machine, an air conditioner, a dishwasher or a TV can do it as of tomorrow [Friday] through the IT application,” PM Dancila stated in the beginning of the Government meeting.

The PM also mentioned that another Government programme was successful, namely the cinema industry support programme.

“I also want to point out the success of cinema industry support programme. So far, 70 national and international cinematographic productions requested funding for this programme. The funding for 31 projects, worth 120 million lei, has already been approved. We expect an increase in the number of projects, taking into account that Romania is participating, for the first time, in the Cinema Fair organised in Cannes, during the film festival, with the offer of Romania’s Government to support the cinema production,” PM Dancila mentioned.

Related posts

LabourMin Vasilescu: Nobody contributes to child raising allowance, we cap that, we could’ve stopped paying it

Nine O' Clock

Governor of Austrian National Bank advocates legislative stability in Central and Eastern European countries

Nine O' Clock

Alpha Bank Romania, APPE and Tara Interactive launch “KIDS – A Successful Business” app dedicated to the financial education of children

Nine O' Clock

Leave a Comment