Minister of Finance on missing RON 10 billion: Ciolos gov’t lied, should have made negative rectification

Newsroom 10/01/2017 | 12:02

 

Minister of Finance Viorel Stefan spoke about the RON 10 billion that are allegedly missing and were not cashed during its term and accused the Ciolos government of lying. He said the Romanian Court of Accounts will check the way the budget was managed last year.

Speaking on Tuesday, Minister Stefan accused the previous government of disseminating a “big lie” in saying that the country was on a good path. Last year, he added, the government should have made a negative rectification, and not a positive one and accused it of a politicians behavior. Stefan explained that, according to preliminary data on the budgetary execution on 2016, with revenues to the state budget were lower than the estimates of the budgetary programming at the beginning of the year and budget rectification. He explained that, most likely, the difference comes from failing to attract EU funds.

He said that the “unlawful elements” found in the case of the budget managing will be subject to Court of Accounts.

Stefan also mentioned that he did not use the term “hole in the budget.”I said that the fact that through the two budget adjustments the revenues forecast was increased is not justified, given that incomes were not going to be obtained. A responsible government would have made a negative rectification, he added.

It certainly raises a big question mark on the professionalism and on the technocrat character of governing in 2016,” the Minister of Finance said, accusing the former government of a “politicized behavior.”

Georgeta Gheorghe

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
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