about us | newsletter | contact | archive | members area
Corina Popescu, Transelectrica
High need for quality improvement in the public tenders area»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Iohannis: Budget approach lacks needed responsibility in security context

President Klaus Iohannis sent a letter to Prime Minister Sorin Grindeanu drawing the attention that the approach on the budget construction doesn't prove the responsibility that the political and institutional commitments require in the current regional and international security context, according to Agerpres.

2017-01-27 10:32:24

"In the context of the debates on the budget allotments to the main credit release authorities, I note the fact that, for the national security area, except for the National Defence Ministry budget, all the other budgets witness reductions from the 2016 budget execution, some of these reductions being significant," said Iohannis. "I am drawing the attention that this approach on the budget construction doesn't prove the responsibility that are required from us, as a country and state, by the assumed political and institutional commitments, as well as the existing risks and vulnerabilities in the current regional and international security context."

He maintains that, in the context in which the general consolidated budget draft for 2017 provides an increase in overall expenses from 2016, accounting for almost 31 billion RON (6,8 billion Euro), which represents an over 15 per cent increase from the expenditure made in 2016, the reduction in the budgets for the national security area isn't only unjustified, but completely inopportune.

The head of state notes that in respect to the budget devoted to the National Defence Ministry, although there is an additional allotment from 2016, up to round 1.5 percent of the GDP, the firmly assumed commitments both by the Government leadership and that of the Social Democratic Party (PSD) aren′t observed, on ensuring a 2 percent of the GDP budget, according to the governance programme and the 2015 agreement, agreed on with the entire political spectrum.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  9287 Views
Daily Info
Energy price for households to increase as of 1 January

The price of energy for consumers who are powered in universal service will increase as of 1 January, while the peak energy consumption, between 18:00 hrs and 22:00 hrs will b...

E-Distributie Muntenia invested 14.5 million RON for the modernisation of the Cotroceni primary station

E-Distributie Muntenia invested about 14.5 million RON (3.15 million Euro) for the first stages of the modernization of the Cotroceni primary station in Bucharest, a 3-year pr...

Intesa Sanpaolo finalizes the migration to take over the operations of Veneto Banca in Romania

Intesa Sanpaolo has finalized the migration for the transfer of certain assets and certain liabilities from the former Romanian branch of Veneto Banca, including its 19-agenci...

Citi Romania appoints Ivan Vrhel as general manager

Citi announced the appointment of Ivan Vrhel as general manager of Citi Romania, keeping at the same time the current responsibilities as director of Citi Commercial Bank divi...

Euler Hermes estimates the Romanian retail market is worth 40 billion Euro

Euler Hermes, part of Allianz Group, estimates the Romanian retail market is worth 40 billion Euro, a study shows.

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

More on News
Iohannis: Justice independence, public positions' integrity are constitutional values not to be negotiated

Promoting the rule of law and Justice independence, fighting against corruption, ensuring integrity in public positions and dignities are constitutional values that cannot ...

Garanti Leasing signs a loan agreement for 15 million Euro with EFSE

Garanti Leasing, part of Garanti Romania, has signed a loan agreement of 15 million Euro with the European Fund for Southeast Europe (EFSE). The facility is meant to increa...

Energy price for households to increase as of 1 January

The price of energy for consumers who are powered in universal service will increase as of 1 January, while the peak energy consumption, between 18:00 hrs and 22:00 hrs wil...

Construction works for the first pediatric oncology and radiotherapy hospital in Romania to begin with 8 million euro

Daruieste Viata Association is an NGO to start the construction works for the first pediatric cncology and radiotherapy hospital in Romania, in the court yard of the “Mar...

Mega Image to continue expansion in Romania in 2018

Local retailer Mega Image will continue its expansion next year, according to Vassilis Stavrou, the general manager of the Mega Image operations in Romania.

EBRD acquires 4.4 per cent stake in Globalworth

The European Bank for Reconstruction and Development (EBRD) has acquired a 4.4 per cent stake in real estate developer Globalworth, whose portfolio in Romania reached 1.08 ...

Citi Romania appoints Ivan Vrhel as general manager

Citi announced the appointment of Ivan Vrhel as general manager of Citi Romania, keeping at the same time the current responsibilities as director of Citi Commercial Bank d...