Acasă » General Interest » Vîlceanu: PNRR money, an advance of 3.9 bln. euro, will come in December

Vîlceanu: PNRR money, an advance of 3.9 bln. euro, will come in December

24 November 2021
Economics&Markets
Energynomics

The money from Romania’s National Recovery and Resilience Plan (PNRR), an advance of 3.9 billion euro, will come in December, Dan Vîlceanu, the minister proposed for taking over the European Investments and Projects portfolio, announced on Wednesday.

“The money from PNRR will come in December. We talk about a sum of 3.9 billion euros, which is an advance from PNRR. We still have to adopt the Emergency Ordinance on financial flows, and regarding the grant part we have already approved a memorandum. We still have a loan memorandum to adopt, but I’m not worried that this money won’t come in. The only problem, as I said during the hearings, is that we have to decide how the expenses in this advance are recorded in the accounts,” said Vîlceanu, according to Agerpres.

Asked if changes could be made to the PNRR, he replied: “Until 2023, no adjustments can be made…I would like to emphasize once again that we are not talking about the PNRR amendment but about the adjustments at this stage, which will happen in 2023,” Vîlceanu said.

Regarding the introduction of a pollution tax, provided both in the PNRR and in the government program, the Minister proposed for the European Investment and Projects Portfolio (MIPE) replied to media representatives that nothing has been established in relation to this tax, adding that “Rather, we need to think about that mechanism: ‘the polluter pays.’

Also, when asked about the measure to increase some local taxes, a decision that local authorities can currently take, Vîlceanu stated that the PNRR provides for a change in the way buildings are valued.

“Whether you have a building in the center of Bucharest or in the center of a smaller town in the country, that value for similar buildings is the same. It is abnormal, because a building in the center of Bucharest is much more valuable. Here we can make adjustments and take into account the market value of the building, because the place where the building is located matters a lot when setting the value. (…) Taxes are set by the local authority, only the way the building is valued changes. If the value of a building in Bucharest increases, you can stay at the same tax level provided that the local authority reduces the tax rate. It has this possibility,” added Dan Vâlceanu.

Autor: Energynomics

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