AcasăEurope NewsPM Bolojan says no new tax increases planned for next year

PM Bolojan says no new tax increases planned for next year

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Prime Minister Ilie Bolojan said that, at the moment, there were not any proposals for new tax or levy increases for next year, neither in the discussions within the governing coalition nor in negotiations with the European Commission.

‘At the moment, we do not have such proposals, neither in negotiations with the Commission nor in discussions within the Government or the coalition. But as I have said before, the issue is not raising taxes, but rather reducing our expenditures,’ Ilie Bolojan clarified on Monday evening, on Digi 24 private television broadcaster, when asked whether, apart from the increase in local taxes due to come into force on 1 January 2026, other tax or levy hikes are being considered for next year.

The head of the Executive explained that in 2026, the effects of the measures taken by the current government so far will become more evident.

‘The measures taken so far have certain effects, and in 2026 we will begin to see these effects more clearly. The cumulative effects should amount to over 2% of the Gross Domestic Product. That’s why we aim for next year’s deficit to be brought closer to 6%, so roughly 8.4 minus 2%, therefore under 6.5%, in order to gradually reduce the loans Romania is contracting, stabilise interest rates, and create budgetary space to support investment projects, so that our country can develop in the years to come,’ Prime Minister Bolojan explained. AGERPRES

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