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April 20, 2021
BUSINESS COMPANIES ECONOMY

PM Orban says no increases in duties, taxes

Prime Minister Ludovic Orban said on Friday that the government’s fundamental goal is to boost economic recovery and will not put fiscal barriers to companies, reiterating that duties and taxes will not increase.

“I say it from the outset that we will not increase duties and taxes. I say it once again, because (…) once every two days there is some nonsense taken over without any connection. We categorically support the flat income tax and we will not hike fees and taxes. It is against the fundamental objective of the government, which is to boost economic recovery. On the contrary, we have a lot of support programmes for companies, both small and medium-sized enterprises and large companies. Also, we have considered an entire system to support the conduct of new private investments either by Romanian or foreign investors. We will also come up with other measures to support the business community,” Orban said after attending the “National Ranking of Romania’s Privately-owned Companies” organised by the National Council of Small and Medium-sized Enterprises.

He added that the government’s goal is to create a friendly environment for those who want to start up in business or want to grow their companies.

According to him, an important part of the proposals to support the business community, to encourage entrepreneurial behaviour from the school age made by entrepreneurs are extremely serious and are to be introduced in the government programme.

 

The Prime Minister, on budget revision: We will have an increase of programmes and in expenditures in the healthcare because of pandemic

 

Prime Minister Ludovic Orban said that the budget revision scheduled for early November will bring an increase in funds allocated to the healthcare sector, both for “programmes and pandemic-related spending.”

“Currently, we are analyzing the requests of each chief authorizing officer, but it’s clear that we will have an increase in the healthcare field. In fact, we have already made a resettlement in the healthcare field, by reallocating some funds worth 570 million. There will be an increase, but I cannot tell you exactly how much money will be, only that the healthcare budget will increase for sure, both in terms of programmes, spending caused by the pandemic, as well as other categories of expenditures. We will also increase investments a little, both at the Ministry of Transport and at the Ministry of Development,” said Ludovic Orban, on Friday, when asked if the budget revision prepared for the beginning of November will increase the healthcare budget.

The Prime Minister made the statement after participating in the “National Ranking of Private Companies in Romania,” an event organized by the National Council of Small and Medium Enterprises.

 

PM urges SMEs to be a serious partner of the government

 

Small and medium-sized enterprises (SMEs) and the business community should be “a serious partner of the government’s,” a partner involved in supporting the foundations that will lead to impactful economic decisions, according to Prime Minister Ludovic Orban.

“You can rest assured that my participation is not a participation that is predicated, say on some political-electoral considerations, but it is a participation that is predicated on my conviction that the business community, SMEs, should be a serious partner of the government’s, a partner involved in supporting the foundations that lead to decisions that have an effect on the Romanian economy. The government I lead has been open to permanent dialogue and it is and will continue to be open to dialogue with leaders of the business community, many of the decisions were taken in discussions, debates with representatives of the business environment. (…) It is our belief is that a country where there is a friendly business community, a country where there is economic initiative, there is a partnership between entrepreneurs and governmental decision-makers, is a country doing well. A country where business is doing well is a country where everyone can live better. Our fundamental objective is to be constantly attentive to what is happening in the business community in order to generate many governmental programmes, projects, decisions to support the business community,” Orban declared, on Friday, at the” National Ranking of Romania’s Privately-owned Companies,” an event organised by the National Council of Small and Medium-Sized Enterprises.

He mentioned some of the measures taken by the government in support of the business community, including postponing loan repayments.Via Agerpres

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