Romania's budget adjustment to take place at the latest in August

Romania’s budget adjustment will take place in August the latest, said the Romanian deputy premier Sevil Shhaideh yesterday. Finance minister Ionut Misa presented the governing coalition on Monday a plan to re-allot money in the budget adjustment, given that in some ministries the execution rate was only 2% in the first six months of this year, said Prime Minister Mihai Tudose, reports Incont.stirileprotv.ro. The premier gave the example of the Technology Information Ministry, where the execution rate reached 2%. “Unfortunately, some projects have already been missed and then the money will be re-allotted within the ministry or to other ministries,” said Tudose. editor@romania-insider.com