Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Governing coalition establishes five principles for building 2024...

Governing coalition establishes five principles for building 2024 budget 

November 30, 2023

  The governing coalition has established five principles around which the budget for 2024 will be structured, aimed at investments, with a focus on projects financed from European funds, responsible spending for the functioning of the state, development of major public services (such as health and education), combating tax evasion and better collection of public revenues and consistent allocations for social welfare rights, government sources told AGERPRES.Thus, according to the sources, one of the central aspects of the budget is the focus on investment and development, with particular emphasis on projects financed from European funds. Through consistent allocations for infrastructure projects, economic development and innovation, the government plans to create jobs, stimulate economic growth and improve the quality of life for every citizen.On the other hand, the budget will focus on responsible expenditure for the functioning of the state, which will be rigorously evaluated month by month, and priorities will be set to ensure the delivery of essential public services in an efficient and sustainable way.The third principle aims at prioritising essential sectors such as education, health, infrastructure and public services."In the health sector, the budget will include significant allocations for upgrading medical infrastructure, purchasing state-of-the-art medical equipment and ensuring that medical staff have the necessary conditions to provide quality services. The aim is to improve the health of citizens and ensure that no one is deprived of the health care they need. In education, we invest in school infrastructure, teacher qualifications and pay, and teaching resources. We are determined to give all pupils the chance to develop to their full potential," the source said.At the same time, the budget will focus on combating tax evasion and improving public revenue collection and will include measures and investments to strengthen the tax system, increase transparency and improve the efficiency of public revenue collection."We are committed to using modern technologies and intensifying cooperation with other institutions and civil society to identify and effectively combat tax evasion," the source said.The budget will also see substantial allocations for social assistance entitlements, with particular attention paid to ensuring access to social assistance services and programmes for those in need of support. These substantial allocations for social assistance entitlements include support for vulnerable and disabled people, children and young people, the elderly and all those facing temporary or permanent difficulties.Leaders of the governing coalition met on Thursday in a working meeting for a first draft of next year's state budget.   

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/governing-coalition-establishes-five-principles-for-building-2024-budget/105716
Read in full - click here
Save now, relax carefree in summer: The PLUS Deposit over 7 months with special interest rates from Exim Banca Românească

Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]

Orange Romania’s 5G Bet: Why Network Leadership Still Matters

In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]

Romanian job market showed focus on retention and high competition in 2025, analysis shows

The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand.  In the IT sector, the limited number of available positions led to a […]

Untold Universe announces Massif Week format for Poiana Brașov from 2026

Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]

Memorial march in Bucharest to mark Romanian 1989 Revolution

A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...

Sale of Zenith Conference & Spa hotel in Romania’s Mamaia completed

Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]