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Finance Minister Florin Cîțu said on Friday that although Romania has done well in this period of health crisis, it is still a difficult period. When asked about the increase in pensions from September 1, Florin Cîțu says that “any slippage can throw us into crisis” and that he will present various scenarios to the Orban government, after the decision is political.
Cîțu was satisfied with the data for the first quarter showing economic growth of 0.3% compared to the previous quarter.
“The economy has responded perfectly to the measures, even if we are in a crisis situation, we managed to mitigate.” We managed to limit the negative effect. If we have a positive first quarter, we have a very good chance of avoiding a technical recession. Certain sectors of the economy, retail, industry, but also the Romanian consumer responded very well, and this is because we do not close the restaurants completely, we stop deliveries, “said Florin Cîțu of Digi24.
When asked about the 40% increase in the pension point since September 1, the minister is of the opinion that “any slippage can throw us into crisis.”
“It just came to our attention then. We have a deficit of 6.7%, the challenge is to find resources to finance this deficit. But we have to take it every day, week by week. However, we are in a moment of crisis. We managed eliminate a lot of the apocalyptic scenarios I presented some scenarios with the risks related to the prime minister We will make the best decision so that we can eventually pay these pensions We must also think about the risks but the decision will be political Any slippage it can throw us into crisis, “added the Minister of Finance.
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