Stolojan believes that budget cuts are needed. Otherwise, “we will become unable to finance the budget deficit”

Former PNL president Theodor Stolojan said on Friday, June 27, that if the measures to reduce the expenses are not taken now, “We will become unable to finance the budget deficit”, and the government “must contribute to this reduction of deficit”.

Theodor Stolojan/Photo: Mediafax

Asked at Digi24 about the measures to reduce the expenses that the Government has to take in the next period, Stolojan said that Romania “has no where”.

They have no where. Romania has no where. We, if we do not take the measures now, we will become unable to finance the budget deficit. I am not talking that the European Union, on October 15, if it is not convinced that we have taken the necessary measures, can cut our access to European funds, which instantly means the massive depreciation of the lion.“Said the former prime minister.

Stolojan said that “Tandem Ilie Bolojan-Alexandru Nazare“It has the duty to push the whole government and all Romania in applying the measures to reduce the deficit.

“The whole government must contribute to this reduction of the deficit that I want to tell you that it has benefited not only the entire population of Romania, but also the entire private sector.

The private sector now throws, for sure, the governments, I do not know what, but let’s not forget that the budget deficit is not related to a certain income or a certain expense. Anyone benefited from an expense from public budgets has benefited from this budget deficit“He said.

On Friday, Prime Minister Bolojan announced a large package of austerity measures and fiscal reforms. Among the priorities: the reduction of the self, the evaluation of the bonuses in the public system and the reconfiguration of the students’ scholarships.

Romania is in a difficult situation as a result of the chronic deficits of recent years, the largest being registered last year. We have among the lowest revenues in Europe as a weight in GDP. We spend more than we can afford, not necessarily in relation to the population, but to the number of taxpayers“, Explained Bolojan.

He also stated that, in the absence of concrete and fast measures, the state will continue to borrow with high interest: “Because we cannot recover this short -term deficit in the short term, we will have to take in the next period.”