PM Bolojan meets employers on competitiveness of Romania's economy, taxation, reforms
Interim Prime Minister Ilie Bolojan had a meeting on Wednesday at the Government House with representatives of the Concordia Employers' Confederation, to discuss issues regarding competitiveness of the Romania's economy, fiscal-budgetary me. . .
Interim Prime Minister Ilie Bolojan had a meeting on Wednesday at the Government House with representatives of the Concordia Employers' Confederation, to discuss issues regarding competitiveness of the Romania's economy, fiscal-budgetary measures and reform priorities. According to the government, the employers' confederation presented the main challenges facing the business community, from the situation of some industrial sectors affected by the increase in costs and competitive pressures, to the developments in the energy sector, the digitalisation of the administration and the necessary measures to increase the competitiveness of the Romanian economy. The prime minister said that economic growth and improved competitiveness depend on the consolidation of public finances, a narrowing government deficit, the responsible management of public resources, sped-up absorption of European funds and the strengthening of investors' confidence in the Romanian economy. "Regarding the energy sector, Ilie Bolojan said that the current challenges can be overcome through an integrated approach, based on investments in production and storage capacities, modernisation of grids and implementation of smart usage management solutions. He showed that the new programmes are geared towards that, with the objective of increasing the efficiency and competitiveness of the energy system and creating, in the medium and long term, conditions for cutting energy prices," according to the government. Discussions also touched on accelerating the digitalisation of the administration, including the development of digital solutions that contribute to reducing tax evasion, simplifying the relationship between the state and the business community and increasing the efficiency of public services. Financing costs and the necessary measures to support the competitiveness of the Romanian economy were also addressed.