Voinea explained that all public institutions were given the possibility to meet both the expense and revenue target in the second half of the year to avoid missing the absorption target of EU funds.
“Revenues are envisaged at some RON9 billion, but they have reached only half the amount so far, which is only natural because we are only half way through the year. Expenses are envisaged at RON26 billion for the whole of 2014 and at around RON14 billion for the first six months, thus, they have reached a little less than half of the RON14 billion amount,” Voinea also said.
The minister added that the gaps compared to last year are relative, because larger amounts were budgeted in 2013 and all the sums budgeted both for co-financing and pre-financing were kept at the budget revision.