PM Ciolos warns of massive spike in public spending – we might return to the situation from 2010

Newsroom 01/11/2016 | 11:50

We wanted to make well-thought wage increases to solve the treatment dysfunctionalities between different categories of employees, otherwise we risk to return to the same situation from 2010, said PM Dacian Ciolos, adding that the measures voted by the Parliament are equivalent to an impact of RON 9 billion on the budget.

„From the budgetary perspective,  from what the Finance minister was saying, from what was voted in the last months for the preparation of the election campaign, as the Parliament accustomed us to its votes regarding the salaries increases, around RON 9 billion were gathered, so over one percent of the GDP, shared in different directions, ” said Ciolos.

„Its budgetary impact that means either the deficit increase, which will be a catastrophe for Romania, or if not, if we want to hold the deficit limits, a deficit so big means the reduction in investments, ” continued Ciolos.

Ciolos added that he wants to maintain on an executive position some of the currents ministers, if they are also backed by parties.

„There are people who started some reforms in their fields, who understood very well the domains they are active in and whom I would propose for a future government, ” concluded Ciolos.

Georgiana Bendre

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