EnglishData published by the Ministry of Finance, concerning the budget execution for the first semester, prove that the approach of the government in tackling the economic issues was completely wrong, Dan Voiculescu, the president and founder of the Conservative Part (PC), said.
The senator explained: "The budget execution for the first semester sees a very harsh reality: the state is borrowing money from banks to cover the dramatic drop in fiscal receipts. The 8% drop in earnings taxes and the almost 16% drop in VAT earnings shows that the actions the Government has taken so far have frozen the real economy, whereas the amounts allocated for investments remain blocked".
Voiculescu considers that the real issue here is the fact that the Executive lacks a coherent plan for escaping the crisis and it continues to postpone the package of steps that the Social Democratic Party (PSD) and the Conservative Party (PC) suggested. "For seven months now, the head of the Government and the Minister of Finance, have been reacting erratically, without a strategic vision, by postponing all the major decisions which concern small and medium enterprises and the beginning of public investments", the founding president of the Conservative Party said.
He concluded that after seven months where no real anti-crisis steps were taken, the worst thing that could happen would be a surge in unemployment, both in the private and the public sector.
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