The Romanian government announced a series of very important measures to support the economy and protect jobs in the agriculture and transport sectors, and below you have a breakdown of the most important points.
"Important measures established today to support the economy and protect jobs, the agriculture and transport sectors, but also in pensions:
Companies' access to financing will be facilitated through four programs
guarantee in priority areas for the Romanian economy: IMM PROD – for the industrialization of the economy, RURAL INVEST – for the financing of rural businesses, GARANT CONSTRUCT – for the construction sector and INNOVATION – for inventions and innovations. The total ceiling of the guarantees granted is 7,5 billion lei, and the total number of beneficiaries is estimated at over 12.800.
To increase the sustainability of the public pension system, the contribution
for Pillar II of pensions will increase by one percentage point, from 3,75% as it is now, to 4,75%, starting on January 1, 2024. Citizens' incomes will not be affected and no additional amounts will be withheld from income.
A solution to avoid delaying or even blocking some projects from
the lack of necessary equipment in construction sites is the establishment of the Single Register of Equipment.
A single database will be created with all the machines, equipment, installations that are actually available to economic operators participating in tenders for transport infrastructure projects. The authorities and companies launching projects of public interest will be able to check whether the bidders can bring to the construction site the machines they present in the bids. "
