“The Government’s objective is obtaining at least EUR6 billion in European funds, including EUR2.5 billion for agriculture and EUR3.5 billion in cohesion funds. The absorption rate in 2012 will thus be at least 20%, we expect it to be 20-25%,” said Boc.
The Government on Friday approved the draft budget for next year.
Romania has so far spent EUR716 million provided through the cohesion policy, the equivalent of an absorption rate of 3.7%.