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.

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