Finance Minister: We will build the 2022 budget without raising new taxes

The 2022 budget will be built without new taxes, Finance Minister Adrian Câciu announced Thursday in a press release issued after a meeting with the business community, which strongly criticized the solidarity tax prepared for large companies and called for its withdrawal.

“Any change in the tax regime will be made in a predictable way, only after a dialogue with you, the representatives of the business environment. Romania now needs solidarity to protect low-income Romanians from rising prices, especially energy prices. We will do this by stimulating the economy and the companies that produce in Romania, regardless of the nationality of their shareholders, because everything that is manufactured in Romania is made with Romanian employees. A product made in Romania means jobs for Romanians. By supporting Romanian producers, we offer greater guarantees to hundreds of thousands of employees that they will have stable and secure jobs.” said Adrian Câciu.

The meeting, which took place on Thursday, 9 December 2021, at the Ministry of Finance, was attended by representatives of the National Confederation for Women Entrepreneurship (CONAF), the Coalition for the Development of Romania (CDR), and the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR).
During the discussion, the Minister of Finance presented the macroeconomic framework, which will form the basis of the draft budget for 2022, the fiscal policy for the following year, the need to set up an Advisory Council at the level of the Ministry of Finance, as well as the aid schemes for SMEs and the programs aimed at increasing the digitalization of the economy.

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ANALYSIS More than 300 large companies in Romania could be affected by the “solidarity tax” proposed in the governing coalition. The state will collect more than 5 billion lei from large exporters, highway builders, and state-owned companies FULL LIST