Welfare spending will be raised at this year’s first state budget revision to be approved by the Government in its Tuesday meeting.
The revised social security budget provides an increase of RON136 million in costs with unemployment benefits, which is mainly due to raising welfare spending by RON60 million.
The budget revision was discussed with International Monetary Fund representatives. Joint teams from the IMF, the European Commission and the World Bank arrived in Bucharest on July 17 for talks on a follow up agreement with Romania. (EUR1=RON4.3994)