The government approved an emergency ordinance allocating nearly RON 2.5 billion (€491 million) to settle arrears of the Ministry of Development, Public Works and Administration (MDLPA) and continue public investments. Additionally, the Ministry of Finance has directly redistributed over RON 1.35 billion (€265 million) in the past week to the Ministry of Transport, Ministry of Agriculture and other European fund management authorities financing regional development projects.

"The efficient pace of collections in recent months, as well as the measures adopted by the Government to reduce the budget deficit, create the necessary space for these significant fund reallocations," said Alexandru Nazare, Minister of Finance. "These allow us to extinguish important debts of ministries at the end of the year - such as the arrears accumulated at the Ministry of Development, worth RON 2.5 billion (€491 million), which we now manage to cover almost entirely."

The Ministry of Finance secured over RON 2.5 billion (€491 million) for MDLPA, enabling payments of outstanding amounts for Anghel Saligny Programme projects worth over RON 1.5 billion (€294 million). Another RON 900 million (€176 million) will be allocated to pay arrears for other National Local Development Programme (PNDL) projects and programmes run through the National Investment Company.

These measures are possible due to favourable fiscal-budgetary developments over the past six months, supported by efficient coordination of budget and European fund programming. The fund reallocations do not affect the budget deficit level, being carried out within the approved budget programming while respecting the deficit target of 8.4% of GDP.