Tariceanu said the committee in charge of budgetary matters was unable to draft a report on the bill, adding debates will be postponed until next week, when the Parliament returns after summer recess.

Earlier Monday, the interim leader of the ruling Social Democratic Party Liviu Dragnea said the party wants to postpone debates on the Tax Code until a political consensus is reached.

Romania’s new Tax Code, which was vetoed by President Klaus Iohannis, includes several tax cuts, most notably the reduction of the value added tax (VAT) rate to 19%, from a current 24%.

During debates last week, politicians proposed a gradual VAT rate cut to 20% as of January 2016 and to 19% as of January 2017. Romania lowered the VAT rate on food items to 19% in June.