Finance minister: Romanian administration is outdated in its mindset

Anca Alexe 16/03/2018 | 16:19

Eugen Teodorovici, the Public Finance minister, said today that the Romanian administration is old – not biologically, but in its mindset and its openness to change, and young people hold the solution.

Teodorovici said that younger people who want to change the way things are done need support and that it’s the only way for things to improve, so that young people can stay in Romania without being tempted to leave the country.

He described a conversation he had with a young man, who told him about the connection between financial culture and a better collection of taxes, because when citizens have a better understanding of the state’s need for financing and when they trust the state, a voluntary compliance can be reached. Teodorovici also said that he asked the man to be part of his ministerial team and be in charge of communication, and that he replied that he would think about it.

The National Bank of Romania organised a conference on Friday on the subject of financial education and inclusion.

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