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Parliament adopts 2007 budget

Marţi, 19 decembrie 2006, 0:00

The Romanian Parliament adopted the state budget for 2007 on Tuesday. The budget law was passed with 187 votes in favor and 139 against. MPs also passed the state insurance budget for 2007 with 191 votes against 140 and one abstention.

Most of the Social Democratic (PSD) and Greater Romania Party (PRM) opposition MPs voted against the bills but failed to reject them as the Conservative Party (PC), which left the government several weeks ago, opted to support them.

The vote comes after weeks of stagnation in parliamentary debates on the future budget, which was approved by the government on October 13.

The budget is based on a prospective economic growth of 6.4% next year with an inflation rate of 4.5% and a budget deficit of 2.8%.

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