Bucharest City Hall’s EUR 1.2 bln budget for 2018 to be approved today

Anca Alexe 22/02/2018 | 11:42

The General Council of Bucharest is expected to approve the distribution of the 2018 budget today, which totals EUR 1.24 billion.

The largest sum will go to infrastructure investments – EUR 231 million. The expansion of the utilities network will cost the City Hall EUR 214 million.

Social programmes will receive EUR 113 million, including benefits for starting a family and giving birth, which were introduced last year.

Healthcare will get twice the amount of money it got last year: EUR 100 million. Subsidies for RATB and RADET will total EUR 189 million.

RON 45.5 million will go towards churches, of which RON 15 million (over EUR 3 million) will go to the Redemption Cathedral, which last year got EUR 4.5 million from City Hall, and around EUR 5 million from Sector 1 and 5 institutions. The municipality will also grant almost RON 700,000 to the Patriarchy for the development of the Palace of the Patriarchy.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Anca Alexe | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue