Using money from the loan granted by the IMF and the World Bank to finance the budget deficit is not an option, said Boc.
He pointed out that the government must be prudent in setting its budget targets for 2012, as the situation in the European Union is difficult.
Boc added the government is not considering reducing pensions and wages in 2012.
President Traian Basescu said Sunday Romania must borrow from foreign and local markets EUR13.5 billion to cover debts from 2007-2008, and EUR2.5 billion to finance a budget deficit of 1.9% of the GDP.
The head of state said Romania agreed to join a EU fiscal union pact which caps structural deficits at 0.5% of the GDP. He said Romania will stay within the deficit target stated in the draft budget for 2012.