Romanian PM Wants Govt Resources Directed Mainly To Quick Investments

Boc said the Government spent EUR800 million on investments in the first six months of 2011, compared to the same period of 2010.

The Government’s objective for quarters three and four, he said, is to get the maximum output of the investments into the economy. This entails: prioritizing projects that can be completed sooner, so as not to spend too much on their maintenance; implementing investments that have a multiplier effect in the economy, generating jobs and tax revenue; taking advantage of the good farming year.

These steps, plus continued absorption of EU funds, are sure to enable Romania to meet its goal for GDP growth, said Boc.

Apropierea lui Trump de Putin sperie Israelul. Țara ar putea reduce schimbul de informații cu SUA

20:25

Siemens va investi 285 de milioane de dolari în producția din SUA

20:03

He pointed out that National Statistics Institute data, which reveal the economy’s growth has slowed down, means the Government „can take no false steps.”

„The watchword remains caution, moderation and balance, rejecting any populist temptations,” said Boc.