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The mayor of the capital, Nicușor Dan, declared on Wednesday evening that the City Council’s budget for next year will be 4.5 billion lei, of which the institution’s debts but also operating expenses and investments will have to be paid They must be financed with loans from banks. . He said he would keep money in the budget for social benefits such as people with disabilities, newborns, pregnant women and that he would eliminate Greek holiday vouchers and other rewards.
“Most of the social expenses are borne by the district councils. The general mayor’s office has granted various types of social assistance in recent years. The most consistent are those of people with disabilities, adults and children. We promised it in the campaign and we will continue to give them.
There are also aid for newborns, aid for pregnant women, aid for single-parent families, aid for the prevention of school dropout. We will keep them in the budget for next year. There is still an in vitro fertilization program that will continue.
There are other types of social spending that we are not going to maintain, such as those with holidays in Greece and all kinds of incentives, which have no place in the financial situation in which we find ourselves now. There is an award for people celebrating 25 years of marriage and all kinds of awards like that. These will not stay, “Nicușor Dan stated on Digi24.
Capital budget for 2021
He explained the financial strategy of the institution he leads next year.
“The strategy – which we discussed with the new Minister of Finance and the former Minister, the current Prime Minister – to recognize them, reschedule them and in the 2021 budget to provide for the payment of debts and operating expenses on our income, continuing to help the Ministry of Finance to raise Bucharest’s debt threshold. Here we have the advantage that our level of indebtedness is, in the medium and long term, much lower than that of Western cities.
Therefore, it is reasonable that a city with the prospects of Bucharest could borrow more. Banks can’t wait to lend to us. Then very quickly, when we budget for 2021, somewhere on February 1, to cover debts and current expenses on the income we know we will have and everything that means investments to go to the private sector, the banks.
We will cut money. With municipal companies there are higher expenses by 30, 40, 50% more. This is one way to eliminate some of the expenses. We are going to do a restructuring. These last.
We will have a budget of 4.5 billion lei, just like the revenue of the last years, ”said Nicușor Dan.
Editing: Alexandru Costea