Romanian lawmakers on Wednesday approved the 2016 state budget plan with 309 votes in favor and 13 against.
The plan targets a budget deficit of 2.8% of gross domestic product and considers an economic growth projection of 4.1%.
Also on Wednesday, lawmakers approved the social insurance budget, with revenue estimated at RON52.59 billion, of which 99.4% for the public pension system, and expenses of RON52.37 billion, of which 99.8% for the public pension system. Next year, pensions will increase by 5%.