Budget amendment: finance, labour, interior, environment ministries get more, transportation, healthcare face cuts

Budget amendment: finance, labour, interior, environment ministries get more, transportation, healthcare face cuts

The Finances, Labour and Interior ministries are among the budget adjustment winners, while the Transports and Healthcare will see their budgets cut, according to the Ordinance draft law regarding the budget rectification published on the Public Finances Ministry (MFP) website.

The Public Finances will take the highest sums of money after the budget adjustment — 712 million lei at General Actions chapter and 530 million lei dedicated mainly for the ECHR decisions and the compensations for property restitution process.

The Interior Ministry (MAI) is going to receive 565.7 million lei, of which the main allocations — 305.3 million lei — will go to paying some labour rights, and 253.3 million lei to the unfolding of the external grant funded projects.

The Environment, Waters and Forests Ministry (MMAP) will receive an extra 305 million lei, of which 288 million lei is allocated to the post-adhesion external grant funded projects, while 17 million lei will be used to pay civil compensations.

The budget of the Labour Ministry wins over 1.22 billion lei, mainly to pay the increased child benefits, the pensions and allowances, while slashing the balancing transfers to the state social securities’ budget and the unemployment insurance by 1.07 billion lei; the balance result is plus 148.1 million lei.

On the other hand, the Transport Ministry’s budget will face a loss of 985 million lei, by cutting the budget provisions with one billion lei at “Post-adhesion external funding grants” and by adding the budget provisions with 14 million lei for “Foreign loans’ repayment.”

According to the said draft law, the Ministry of Health loses 613.9 million lei, of which 792.3 million in transfers to the single national fund for health insurance, and increases the sums dedicated to the external grant funded projects by 138.3 million lei and the investments in hospitals, in particular in the ICUs, by 43.8 million lei.

Thus, according to the above mentioned draft law, after the budget adjustment, the state budget balance on 2015 gains 287.1 million lei, while the expenditure increases by 1.12 billion lei.

Budget amendment counts on 3.3pct growth, 1.86pct of GDP deficit. More….