The Ministry of Finance has proposed the extension of the mechanism by which municipalities can benefit from loans from privatization revenues for ineligible expenses and co-financing, up to the limit of 1 billion RON, in order to complete the projects with European financing from 2014 to 2020, announced the minister, Marcel Bolos.
„We will extend the mechanism by which we allocate loans from privatization revenues for ineligible expenses and co-financing, within the limit of 1 billion lei, for the completion of projects with European financing from 2014 – 2020. We have transparently published a draft normative act in this regard, which I hope will be approved as soon as possible. Thus, the mayors will be able to complete the unfinished projects and will be able to make functional projects, from the perspective of European regulations. We also support them to bear the costs related to the price adjustments construction materials) related to ineligible expenses, through the possibility of obtaining these loans from the Treasury, in addition to GEO 64/2022 that I initiated in the Ciuca Government, being at that time at MIPE,” wrote the head of Finance on his Facebook page.
Marcel Bolos emphasized that, without this support, many projects financed by European funds would have remained unfinished, with serious consequences such as losses for communities, economic blockages and even the risk of returning European money already used.
According to the draft normative act released for consultation, the administrative-territorial units, with the exception of the county seat municipalities and sectors of the Bucharest municipality, can request, including for public institutions fully financed from the local budget and for the intercommunity development associations of which they are a part, proportionally with his obligations, from the Ministry of Finance, until February 15, 2025 at the latest, contracting in the years 2024-2025 some loans from privatization revenues, registered in the general current account of the State Treasury, within the limit of 1 billion RON.
AGERPRES
