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PM Ciuca: 2022 budget, responsible, balanced and realistic, capable of consolidating economy

January 20, 2022

The 2022 budget is a responsible, balanced and realistic one, capable of meeting the imperative financing needs and consolidate the economy in the medium and long term, Prime Minister Nicolae Ciuca said on Wednesday."Today we are discussing the state budget and the state social insurance budget for next year, the most important annual budgetary programming legislation. We have before us a balanced, responsible and realistic budget, capable of meeting the imperative financing needs and strengthen the economy in the medium and long term, capitalizing on the financial resources provided by the European Union. Romania has a responsible vision of fiscal and budgetary policies, a strategy of gradual fiscal consolidation, which can enhance and maintain economic growth at a level of over 4-5 percent on the reference horizon, aware that we need to use all the levers to prepare the economy in the event of future shocks," the prime minister said in Parliament's plenary.He noted that the 2022 budget is based on principles such as transparency, realism, avoidance of waste of public money, reconsideration of funding priorities in line with the European agenda.

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