The Government of Romania adopted on Tuesday evening the Emergency Ordinance for the completion of some fiscal-budgetary measures, known as the “Trenulet Ordinance”. Prime Minister Ilie Bolojan claims that the data show a decrease in state spending and a reduction in the deficit, while the normative act is essential for budgetary stability until the approval of the 2026 budget.
The Government of Romania approved on Tuesday evening the Emergency Ordinance regarding the completion of some fiscal-budgetary measures, a document that ensures the functioning of the state until the adoption of the budget for the year 2026 and provides predictability to the economic environment.
According to Prime Minister Ilie Bolojan, recent data indicate a better evolution of public finances. “The data shows that the state is spending less than last year. The deficit in November reached 6.4%, compared to 7.15% in 2024, i.e. approximately 121 billion lei compared to 125 billion last year. Practically, the state saved 4 billion lei and remains on the established trajectory, with a deficit objective for 2026 between 6% and 6.5%”the prime minister said in a post on Facebook.
Ilie Bolojan emphasized that “we manage the budget responsibly”, stating that the ordinance is necessary “for ensuring budgetary stability and for the functioning of the state up to approving the budget for 2026″.
Spending cuts and tighter rules for the public sector
The normative act provides a set of measures aimed at reducing the pressure on the budget. Among them are the 10% reduction of the amounts allocated to political parties and national minority organizations, the postponement of some measures that would have generated additional increases in spending in the field of social assistance, as well as the introduction of stricter spending control and financial responsibility rules for public enterprises.
Measures for economic recovery and investment stimulation
The government is also counting on measures to stimulate the economy. The ordinance provides for the reduction of the turnover tax from 1% to 0.5% in 2026, with the following that from 2027 it will be eliminated and replaced by the taxation of sensitive expenses and affiliates. Also, a single rate of 1% is established for micro-enterprises with revenues of up to 100,000 euros and the building tax, known as “pole tax”.
At the same time, agricultural constructions such as solariums, greenhouses, silos or mushroom farms will be fully exempt from tax in 2026.
The executive also announces the clarification and expansion of the use of the e-Invoice system, including for natural persons, along with the simplification of the mechanisms of the electronic VAT administration system in Romania.
Support for vulnerable people and local authorities
The ordinance maintains the tax exemption for 300 lei from the minimum wage until July 1, 2026 and extends the granting of energy vouchers of 50 lei per month also in 2026. At the same time, the current criteria for vulnerable consumers are preserved and the continuity of the national “Healthy meal” program in schools is ensured.
For local public authorities, the Government foresees the granting of loans from the Treasury in the amount of 500 million lei for the co-financing of PNRR projects, a fund of 200 million lei intended to support heating systems, as well as transitional measures to allow the operation of local administrations until the adoption of the 2026 budget.
Combating evasion and prioritizing investments
The executive also decided to centralize the authorization of operators in the field of excisable products at the ANAF level, reintroduce the authorization commission for risk assessment and introduce financial guarantees for importers and distributors of energy products.
In parallel, an ordinance was adopted that establishes criteria for prioritizing investments financed in 2026. According to the prime minister, the Ministry of Development enters 2026 without debts, “with all bills paid up to date”.
“Through these measures, the Government ensures a balanced budget in 2026, supports investments and economic growth and protects fiscal stability”concluded Ilie Bolojan.
