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Gov't adopts decision on setting up Ministry of Economy, Entrepreneurship and Tourism

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The Government on Wednesday adopted a decision to establish the Ministry of Economy, Entrepreneurship and Tourism, which will unblock many things, according to a press release of the Ministry.

"The Ministry of Economy will now function as a coherent and unitary whole to achieve its four major objectives. There will no longer be a merger of three ministries (Ministry of Economy, Ministry of Business Environment, Trade and Entrepreneurship and Ministry of Tourism). We have professional people dedicated to reform, who will quickly unblock all the files. Until now, we have worked closely with the Ministry of Energy. Two ministers, one working apparatus. Now that we have the Government Decision to set up the new ministry and we have the approved budget, many things will unblock, including the payments for Measure 2 - working capital, one of the most important aids for the business environment, severely affected by the measures to fight the pandemic," stated the Minister of Economy, Claudiu Nasui.

The new ministry will have four main activity fields: debureaucratization, the reform of state-owned companies, state aid schemes and the promotion of economy and tourism.

The Ministry of Economy has allocated for this year a budget almost twice as big as last year, the approved budget credits totaling 6.6 billion lei. As much as 92pct of this budget will be used for aids granted to the private sector, affected by the measures imposed by the state to control the COVID 19 pandemic. 

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