Romanian Govt Plans To Reduce Staff Or Freeze Salaries In Education Sector- Union Leader

Cornea also said the government plans to reduce the education budget by 811 million lei (EUR1=RON4.1549), in the upcoming budget revision.

 

The government’s upcoming budget revision will reduce the budgets of all ministries. However, the budgets of the agriculture, defense, interior and education ministries will be mainly affected, while the Labor Ministry will be the only one to receive additional funds. Thus, the budget of the Education Ministry will be lower by RON676 million and the budget of the Interior Ministry will be lower by RON427 million, ministry sources said.

 

Romania's estimated consolidated budget revenues will be cut by RON18.83 billion, while expenses will be cut by RON6.28 billion, trough the budget revision and the introduction of new financial-budgetary measures, according to a government’s document.

 

The 2009 budget will be revised in the upcoming period, and will be based on a deficit of 4.6% of the GDP, compared with 2% initially decided, given a GDP adjustment from RON579 billion to RON531 billion.

 

Official sources told Mediafax that the budget deficit negotiated with the IMF was established at RON24.36 billion this year, given annual budget revenues of RON166.72 billion without including non-reimbursable external sums, and primary expenses worth RON182.72 billion.