Public finances and budget situation is complicated, prime minister

Prime Minister Ion Chicu said that the situation regarding public finances and the budget is quite complicated, "as complicated as it was a month, two months or earlier this year". Even so, there is a firm belief that the revenue share of the state budget and the national public budget will be filled and all expenses will be covered.

On November 14, there were slightly more than four billion lei on the accounts of the national public budget, Ion Chicu said. "Indeed, in this period, significant amounts have entered the accounts from credits or grants offered by external partners, including the European Union and the International Monetary Fund. These amounts were initially planned in the Budget Law for 2019, which was drafted in the fall of 2018. In fact, we are dealing with the operation of the budget as it was planned. The are no extra incomes", the prime minister said after the executive's meeting.

Ion Chicu said that the main part of the budget is formed of internal revenues from taxes. "We enjoy the support we receive from abroad, however, we must understand that the vast majority of revenues depends on how the economy works. The economy continues to operate according to the rhythms we detected in the first half of the year. Although we will only have statistical data on the evolution of the economy on December 15, in the third quarter, some developments, unfortunately, raise concerns", said the prime minister.

However, according to Ion Chicu, there is a firm belief that the revenue share of the state budget and the national public budget will be filled and all projects will be financially covered.