Ciolacu appeals to banks to finance public investments

Yesterday, Prime Minister Marcel Ciolacu asked the representatives of the banking system in our country to support public investments, as well as the financing schemes launched by the Government to support the private sector, according to a post on the official Facebook page of the Head of the Executive.

At the end of the meeting that took place at the Victoria Palace, the head of the Government said: "Today I discussed with the leaders of the banking sector about the need for more effective coordination between the state and the private sector to support large investments in key areas for the economic development of Romania. I told the most important bankers that this Government continues, without reservations, to support public investments as a priority, and 80% of the budget deficit for the first 8 months of 2024 is generated by investments. This is the correct way of economic development of a country, as all important European states did when they found themselves in Romania's current position. Agriculture and the food industry, construction materials, energy, transport or petrochemicals are the priority areas where the Romanian Government has ongoing state schemes and massive support programs. I was glad to see that the banking industry is receptive and ready to support the development of these vital areas for the future of the country".

Prime Minister Ciolacu also said that the dialogue with the leaders of the banking sector will be a regular one, because the interest of the Government and the financial-banking system is a common one: growing businesses, more prosperous companies, which lead to sustainable economic growth, in the long term .