Boghicevici said Romania must be ready for the institutional changes needed for a new financial framework.
“In order to considerably increase the absorption rate of structural and cohesion funds, Romania must be ready to face the changes in its institutions, which are necessary for the new 2014-2020 financial framework. We need a new approach based on the need to develop each region. (…) I think the future strategic projects will depend a lot on the economic growth poles to further achieve concrete results,” Boghicevici said Wednesday at the annual conference of the Management Authority for Human Resources Development Program.
The minister said she plans to simplify and increase the absorption rate under the HR development program, which currently stands at only 5.47%.
In early April, Boghicevici said the European Commission’s interruption of payments for the HR development program did not affect the beneficiaries, who received over 480 million lei (EUR109 million) from the state budget in February and March. She also said at that time the money will be refunded by the Commission. (EUR1=RON4.3746)