AcasăEurope NewsPM Ciolacu: Romania - a safe and stable country politically and economically

PM Ciolacu: Romania – a safe and stable country politically and economically

Published on

Romania is „a safe and politically and economically stable country” geared towards investment and reforms, Romania’s Prime Minister Marcel Ciolacu said on Tuesday at a Government House meeting with World Bank officials.

„Romania is a regional pillar of security and economic stability for Europe and for the Strategic Partnership with the USA. We will continue to implement the reforms undertaken under the National Recovery and Resilience Plan (PNRR) and our objective of joining the Organisation for Economic Cooperation and Development (OECD). We are confident that the results of these reforms will mean better collection of government revenue, better quality health and education services, more affordable energy for people and modern transport infrastructure. We consider the World Bank to be a partner of our objectives and we continue to rely on the funds and expertise provided by this group,” Ciolacu is quoted as saying in a press statement.

He added that the reorganisation of the public sector and the administrative-territorial reorganisation are part of a package of governmental priorities for the coming period.

During the meeting, projects in the areas of healthcare and emergency management developed in partnership were analysed.

„It is about the construction of three large care centres – in Timisoara, Bucharest and Targu Mures, the completion of 12 radiotherapy centres for cancer patients, the development and modernisation of intensive care and emergency reception services, as well as the infrastructure necessary for emergency interventions.”

He also said that in the 2025 national budget, the government has allocated a „record” volume for investment, namely over RON150 billion.

„We continue to support the development of infrastructure, the agricultural, industrial and construction sectors. We are moving forward with projects to improve medical services, in the field of energy. In addition to the European funds, those allocated from the national budget, I believe that public-private partnerships are viable solutions is.”

The World Bank officials welcomed the government’s reform plan and the attention paid to investment, mentioning that Romania is a strong and resilient partner.

Eugene Rhuggenaath, Executive Director of the World Bank Group, is quoted as saying that he is confident that together they will continue to implement ongoing projects and expand the portfolio with new investments in energy, green transition, infrastructure, and other areas with growth potential.

Also, the representatives of the World Bank appreciated the support offered by Romania to Moldova and Ukraine, as well as the country’s contribution to securing stability in the region.

AGERPRES

Latest articles

Tanczos: Romania needs credibility and investor confidence to boost economic growth

Romania needs credibility and the confidence of investors in order to boost the pace...

PM Ciolacu, after attack at school in Orebro: We are shocked, we convey our condolences to families of victims

Prime Minister Marcel Ciolacu conveyed his condolences to Sweden, on Tuesday evening, following the...

Commissioner Minzatu urges action for Romania to better put to use EC funding opportunities

There are EC funding opportunities where Romania "is not intensely present with selected projects",...

Gov’t borrows almost RON 75 nillion off banks, in addition to Monday’s auction

The Ministry of Finance (MF) on Monday borrowed RON 75 million in addition to...

More like this

Tanczos: Romania needs credibility and investor confidence to boost economic growth

Romania needs credibility and the confidence of investors in order to boost the pace...

PM Ciolacu, after attack at school in Orebro: We are shocked, we convey our condolences to families of victims

Prime Minister Marcel Ciolacu conveyed his condolences to Sweden, on Tuesday evening, following the...

Commissioner Minzatu urges action for Romania to better put to use EC funding opportunities

There are EC funding opportunities where Romania "is not intensely present with selected projects",...