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.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
