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Budget, speedily approved by specialised committees, with minimum concessions from ruling MPs

Autor: Claudia Medrega, Iulian Anghel

20.12.2010, 09:39 10

The Parliament's budget-finance committees passed the draft lawson the state budget and social security budget in just two days,accepting only minimum concessions compared to the 11,000amendments submitted by the opposition.
The fast pace at which the committees drew up the budget reports issetting the stage for the Parliament to give its final vote thisweek.
Thus, MPs will not be forced to return from the winter holidays tocontinue discussions on the budget, a restrictive one according tothe opposition and public sector employees.
The budget draft objectives include taking fiscal consolidationfurther, cutting the budgetary gap to 4.4% in GDP from 6.8% in GDPthis year, and further reducing current expenditures, as FinanceMinister Gheorghe Ialomiţianu himself announced.
The opposition's amendments regarding micro-enterprises'possibility of opting for a tax of 3% in turnover and the criteriafor sum allocation to local authorities were accepted by the rulingcoalition, according to Mediafax.

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