newsweek.ro/economie/ministrul-finantelor-avertize

Romania's Finance Minister, Alexandru Nazare, expressed concerns about potential tax increases due to economic pressures, emphasizing the need for budgetary discipline. He stated that previous tax hikes were made reluctantly to maintain the country's credit rating. Nazare has requested budgetary proposals from government agencies to identify areas for cost savings without compromising public service quality. He highlighted the importance of making informed decisions on spending cuts, ensuring that essential services are not negatively impacted. The minister aims to reduce the deficit by 1% annually over the next three years, while avoiding measures that could hinder economic growth.