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08:50, 20.08.2020

FinMin Citu: I would prefer to come up with a budget for next year as soon as possible

The Minister of Finance on Wednesday evening told Digi 24 private television broadcaster that he would prefer to come up with a budget for next year as soon as possible, and not to wait until December. "We have…




20:50, 13.08.2020

FinMin Citu: We will increase pensions in 2020 by the largest amount Romanians ever seen

Pensions will increase in 2020 by the largest amount that Romanians have ever seen and that is added to the pension point, the Minister of Finance, Florin Citu, told a press conference on budget rectification.…




20:10, 13.08.2020

FinMin Citu: Budget deficit estimated to grow up to 8.6pct of GDP this year

The budget deficit is estimated to increase this year from 6.7% of GDP to 8.6% of GDP, five percentage points being directly related to the crisis period that Romania is going through today, the Minister of Public…




19:40, 13.08.2020

FinMin Citu: Healthcare spending up 45pct on initial budget

Government's healthcare outlays have increased throughout the year by about 45% on the initial budget and if necessary we will allocate additional resources, Finance Minister Florin Citu told a news conference…




12:10, 13.08.2020

FinMin Citu: Gov't to approve this Friday emergency ordinance paving way for budget adjustment

The government will approve this Friday an emergency ordinance introducing certain amendments required for carrying out the budget adjustment, Finance Minister Florin Citu declared on Thursday upon leaving the…




18:05, 11.08.2020

FinMin Citu says economic crisis incurs half of Romania's 2020 general gov't deficit

Half of Romania's 2020 general government deficit represents the cost of the economic crisis, and the cost has two components: an increase in unforeseen expenditures, such as healthcare spending, social assistance…




11:50, 04.08.2020

ALDE's Tariceanu: FinMin Citu refuses to make norms for implementation of law on delaying payment of rents

ALDE (Alliance of Liberals and Democrats) leader Calin Popescu-Tariceanu says the Minister of Finance, Florin Citu, "refuses" to draw up norms for the implementation of the Law No. 62/2020 that allowed a delay…




11:35, 28.07.2020

FinMin Citu: Deficit figure at six months is smaller than foreseen in program

The budgetary execution at six months could be presented on Tuesday, but the figure of the deficit is smaller than that foreseen in the program, said, on Monday evening, the Finance Minister, Florin Citu, at private…




21:50, 27.07.2020

FinMin Citu: I guarantee we will not ask IMF for help in 2020

Romania will not ask the International Monetary Fund (IMF) for help in 2020, Minister of Public Finance Florin Citu stated on Monday. "We will not go to the IMF. We have managed to finance the deficit, which is…




21:45, 27.07.2020

FinMin Citu says increase in allowances pending approval, to be communicated soon at gov't meeting

The decision regarding the increase in child allowances is pending approval and it will be communicated at the Government meeting as soon as probably, the Ministry of Finance, Florin Citu, stated on Monday, adding…




18:51, 15.07.2020

FinMin Citu on doubling allowances: Law passed by Parliament does not say source of funding

Romania's Constitution is very clear when it comes to the public budget, so no budget expenditures can be approved without establishing the source of funding, Finance Minister Florin Citu wrote on Facebook on Wednesday,…




13:18, 14.07.2020

FinMin Citu: Estimate on evolution of the economy, at minus 1.9 pct this year

The official estimate regarding the evolution of the economy in 2020 stands at minus 1.9% until the data of the National Commission for Strategy and Prognosis appear, said on Tuesday, the Minister of Finance, Florin…




11:48, 14.07.2020

Investment, only solution to overcome crisis, FinMin Citu says

The massive allocation of budgetary resources to investment, not non-productive expenditures, guarantees a large, non-inflationary economy in the future, Finance Minister Florin Citu wrote Tuesday on Facebook."We…




16:51, 10.07.2020

FinMin Citu: Romania supports rapid implementation of SURE instrument

The rapid implementation of the SURE instrument by the European Commission, as well as the quick adoption of the recovery instrument are considered priorities by Romania in the context of the world crisis generated…




12:54, 08.07.2020

FinMin Citu: I stick to opinion EC's estimate is too pessimistic

The European Commission (EC)'s estimate of Romania's economic decline of 6% in 2020 is too pessimistic if we look at what is happening in Romania today, Minister of Public Finance Florin Citu on Wednesday told…




19:27, 07.07.2020

FinMin Citu: Massive investment contribution to Q1 economic growth confirmed by statistics authority

The National Institute of Statistics (INS) revised upwards from 0.9 to 2 percent the contribution of investments to Romania's economic growth in Q1, Finance Minister Florin Citu wrote on Facebook on Tuesday.According…




10:24, 02.07.2020

FinMin Citu: Romania's full-year economic contraction will be between minus 2 and minus 3 percent

The second quarter's negative impact on the Romanian economy was worse than anticipated, but the full-year economic contraction will be between minus 2 and minus 3 percent, Public Finance Minister Florin Citu said…




11:24, 30.06.2020

FinMin Citu: Expenditures directly related to coronavirus crisis - 3.1bn lei in 5 months

Expenditures directly related to the crisis caused by coronavirus amount to 3.1 billion lei, at 5 months, and the impact of the pandemic, in the middle of the year, is about 10 billion lei, Finance Minister Florin…




12:15, 29.06.2020

FinMin Citu: Success of SME Invest - undeniable; extended loans of 7.2bn lei

The success of SME Invest is undeniable, being accessed by 8,368 companies, and the volume of loans reached 7.2 billion lei, and represents 10.5% of the total stock of loans in lei for companies, the Minister of…




17:19, 18.06.2020

FinMin Citu: Inflation rate stands at 1.8pct; Romania out of shame ranking

According to the Eurostat, EU's statistics office, Romania's inflation rate stands at 1.8 percent, and the country exited the shame ranking, Public Finance Minister Florin Citu mentioned on his Facebook page on…




11:57, 17.06.2020

FinMin Citu: Real economy proves me right, the socialists' apocalyptic scenarios have been shattered

Public Finance Minister Florin Citu says that his objective is to minimize the negative impact of the global economic crisis on Romania's economy, and that the best measures to this effect have been taken so far,…




08:58, 12.06.2020

FinMin Citu: We'll extend a part of the economic relaxation measures until October 25

Part of the relaxation measures taken in the economy that were supposed to expire in end-June will be extended until October 25, Minister of Finance Florin Citu informed on Thursday evening. "We are going to take…




08:30, 12.06.2020

FinMin Citu says IT package gives best return for gov't investment

This whole computerisation package, which started with the connection of the cash registers to the National Agency for Fiscal Administration (ANAF), means at least two percentage points of additional revenue to…




16:21, 08.06.2020

FinMin Citu: Political attack on me, a political police type fake news

The political attacks on me these last days is a fake news build up in the most political police (Securitate) style, my declaration of wealth is public and there is the inheritance from my grandparents who worked…




17:03, 05.06.2020

FinMin Citu: I hope we can keep the rating; I would be surprised if Q1 performance is not appreciated

Rating agencies cannot ignore Romania's successful issue of bonds to the international markets and the fact that it continued to have economic growth in the first quarter of the year, the Minister of Public Finance…




09:42, 05.06.2020

FinMin Citu: 8 bln lei available through large companies support program

The support program for large companies has an allocation of 8 billion lei, with a multiplier effect of almost 28 billion lei in the economy, and it will be operational in three weeks or maximum one month, Finance…




19:01, 04.06.2020

FinMin Citu: IMM Invest programme works very well; 3,083 companies took funds

Minister of Public Finance Florin Citu on Thursday stated that the IMM Invest programme (SMEs Invest) works very well and 3,083 companies took funds until now. "We have eliminated several barriers a couple of weeks…




12:27, 03.06.2020

FinMin Citu: PSD's actions in Romanian Parliament represent economic terrorism

The actions of the Social Democratic Party (PSD) in the Romanian Parliament are economic terrorism and the party is seeking votes by collapsing the economy following the increase of budgetary spending with no financing…




13:33, 22.05.2020

FinMin Citu says 152k bank clients benefit so far from installment deferral

As many as 152,000 customers of the financial-banking system have so far benefited from the provisions of Ordinance 37 on deferral of installments and the total loans with postponed installments up to 9 months…




09:57, 22.05.2020

President Iohannis, new meeting with PM Orban, BNR Governor Isarescu and FinMin Citu

President Klaus Iohannis will hold a new meeting on Friday, at 13:00 hrs, at the Cotroceni presidential Palace, concerning the assessment of the economic situation in the context of the crisis generated by the…