Government Prepares 2025 Budget Measures to Reduce Deficit and Boost Investments

Prime Minister Marcel Ciolacu led discussions on Saturday at the Tripartite National Council for Social Dialogue held at the Victoria Palace. The consultations focused on social and economic measures and the 2025 budget framework, according to a government press release, CE Report quotes Agerpres

To address the budget deficit, the government plans to implement fiscal measures through an emergency ordinance. These measures aim to cut state spending by 19 billion RON, equivalent to 1% of GDP.

“We are committed to ensuring economic stability and responsibly managing the country’s resources. Our priority remains improving the quality of life for citizens, especially those with low incomes, while maintaining strict control over public expenses,” said Prime Minister Ciolacu.

For 2024, the government has allocated approximately 69 billion RON (3.92% of GDP) for critical investments and expenditures, including salary increases in the health and education sectors, pension adjustments, energy price caps, and public transport subsidies.

Employer representatives supported the need to streamline state spending and emphasized the importance of combating tax evasion.

The meeting was attended by key ministers, including those overseeing finance, economy, energy, health, and education, alongside union and employer representatives.