Loading ...Prime Minister Emil Boc told a joint sitting of Parliament on Tuesday that the budget plan for 2009 has earmarked the biggest post-1989 investment in infrastructure, namely 20% of the funds or 10.2 billion euros. „This is the biggest budget assigned to investment after 1989 and this is being done as we do not have an economic growth of 7.8% as the old governance had, but we have a projected growth of 2.5%.
We do not have 5.2% budget deficit, as the past government had, but we have 2% budget deficit. This is the best anti-crisis measure, the best measure to keep and create new jobs. Basically, the money spent for creating and keeping a job sends the funds back to the budget and hence to pensions, salaries and other social components.
At the same time, public investments are essential to reinvigorating the economy and to having a sound financial system”, Boc stressed. The prime minister unveiled the investment priorities of this year's budget, which he said include infrastructure on the one had and energy efficiency, on the other. He said the public investment will be chiefly directed to infrastructure works on transportation, environmental protection, farming and the thermal rehabilitation of the blocks of flats, namely to those objectives that „can generate multiplying effects in the economy”. Boc said that 18,703 flats will begin being built this year, of which 6,000 will be completed this year.
„As regards the educational infrastructure, 360 million euros assigned will go to school campuses, new kindergartens, student hostels, university buildings, the upgrading and computerisation of schools, school buses for the rural areas”, he announced. Boc accused the former government for having spent more than 4 billion euros in the last quarter of 2008, with the money having not gone to investment, but to goods and services, to personnel spending, „that is to those expenditures that widened the budget deficit of Romania to 5.3%”. The prime minister said the Calin Popescu-Tariceanu government was „irresponsible” and blocked Romania's modernisation.
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