Finance Minister: New Budget Revision To Be Operated In November
A new budget revision will be operated sometime in November, because a second budget revision this year can only be carried out by the end of this month, Finance Minister Eugen Teodorovici said Tuesday, adding the 2019 state budget bill must also be adopted this month.
“We are considering a new budget revision in November. (…) A second budget revision must be operated by the end of November (…). Ever since the first budget revision, we said two budget revisions will be operated in 2018, one in July, which was delayed until September, and one in October, which was automatically moved to November, being the last definitive deadline of the month for a second budget revision”, said Teodorovici.
The minister pointed out that the second budget revision will reveal whether the minimum wage will rise before January 1, 2019. He added the 2019 state budget bill must also be adopted by the end of November. (jurnalul.ro)
Senate Chairman Forgoes SPP Services
Senate Chairman Calin Popescu Tariceanu forwent the services provided by the Protection and Guard Service (SPP) after the statements made by deputy PM Paul Stanescu.
Tariceanu said Stanescu’s statements got him thinking and raised some questions, therefore, he decided to suspend the SPP services.
Tariceanu pointed out he will keep the decision to forgo SPP services „until this situation is clarified by the parliamentary committee for the investigation of SPP. (cotidianul.ro)
Leu Gains Ground Vs Euro
The Romanian leu appreciated against the euro Tuesday, to a midday reference rate of 4.6668 lei/euro, from Monday’s rate of 4.6671 lei/euro.
The leu lost ground to the US dollar, standing at 4.0705 units Tuesday, compared with 4.0651 units Monday. (jurnalul.ro)