The government on Wednesday approved a draft decision raising the guarantee ceiling for the program by RON200 million this year, compared to the current RON2.6 billion.
Suciu said the changes to the program for 2016 will be discussed within the Government’s meeting next week.
Finance Minister Anca Dragu said last week that the guarantee ceiling for the First Home program will be reduced by RON1.5 billion in 2016. She also said that loans will be granted under updated cost conditions.
The decision also sets that guarantees can also be issued next year from the funds that were not allotted from this year’s ceiling, as well as from the funds left unspent until December 31, 2015 from the amounts allocated to banks.