Romania will cut subsidies by RON400 million and goods and services expenses by RON700 million.
On the other hand, it will increase funds to co-finance EU-funded projects by RON2.7 billion, reads the draft document.
Transfers from the state budget to balance the social security and the public health insurance budgets will climb by RON3.2 billion.
Interest expenses will increase by RON400 million following the rise in the country’s government debt. (EUR1=RON4.5317)