The Minister of Finance, Marcel Bolos, emphasizes the importance of close collaboration with the presidents of the county councils to identify the genuine needs of local communities.
Marcel Bolos spoke at the recent General Assembly of the National Union of County Councils in Romania (UNCJR), highlighting the acute need for qualitative optimization of budget expenditures, emphasizing the increase in the efficiency of the use of funds, both national and external.
"The year 2024 is distinguished by significant budget allocations for investments, totaling over 120 billion lei, which represents 6,9% of the GDP, of which 81,5 billion come from external funds", declared the minister. This strategy underlines a firm commitment to fostering sustainable economic growth and infrastructure development.
The Minister of Finance states that, compared to 2023, the expenses for projects supported by non-reimbursable external funds, including subsidies from the European Union intended for agriculture, registered an impressive increase of 22,87%, reaching 45,42 billion lei.
Marcel Bolos conveys that, in addition to these impressive figures, the state budget for 2024 provides for generous allocations for administrative-territorial units, including 25 billion lei from the amounts broken down from VAT and over 8,4 billion lei for supporting financed projects, highlighting a clear priority for the Cohesion Policy and the National Recovery and Resilience Plan (PNRR).
In conclusion, Marcel Bolos wanted to thank his partners in the local public administration for understanding and supporting the budget reform process, emphasizing the need for the state to serve as an example in the efficient management of public resources and in promoting a culture of savings and fiscal responsibility before to request this from the private sector.
Through these initiatives, the Ministry of Finance demonstrates a pragmatic and forward-looking approach to the management of public finances, with the aim of ensuring sustainable economic growth and effectively responding to the real needs of communities throughout the country.
