The drained reserve fund of the Romanian government 

The drained reserve fund of the Romanian government 

Romania’s Minister of Public Finances, Eugen Teodorovici, said that the Prime Minister’s reserve fund, “used to make unplanned payments not included in the state budget”, as romania-insider.com reads has dried up, due to the difficulties faced lately.

Speaking to Antena 3 TV private broadcaster, Teodorovici said that “The Prime Minister’s reserve fund is now empty, because we had to fund the situations that have arisen: floods, natural calamities, swine fever. The money was needed for such situations. The Government Decisions are published by the Official Gazette, by which the Government has allocated the respective amounts either for natural calamities or for swine fever and for other such situations. The sums exceeded RON 600 million only on natural disasters (…) events that were not anticipated last year, when the budget was made for 2018.”

At the beginning of 2018, the government’s reserve fund had more than 100 million euros…. / IBNA

Main Photo (File): Romania Minister of Economy, Eugen Teodorovici