Government halts pending investment initiatives in Romania, as they have yet to commence
Government Outlines Plan for Anghel Saligny Investments Amid PNRR Overhaul
The Romanian government has endorsed an emergency ordinance (OUG) on August 19, halting projects under the National Relaunch and Resilience Plan (PNRR) and national schemes including Anghel Saligny. However, the focus remains on using available funds efficiently to complete as many projects as possible.
According to Hotnews.ro, the development minister Cseke Attila stated that these investments are moving forward. The minister emphasized that the financing contract will be suspended, not terminated, for projects with a completion rate of less than 30%.
Currently, there are 6,055 contracts managed by the Ministry of Development, with 87% (5,282 contracts) already started. Of the approved objectives at Anghel Saligny, 4,375 worth RON 52 billion have been contracted. For 1,383 projects worth RON 14 billion at Anghel Saligny, the contracting procedures have not started yet.
In an effort to provide predictability for local administrative units regarding Anghel Saligny investments in 2026, 2027, and 2028, the government will work on a system to disclose how much money is allocated from the state budget for each investment during these years. Each local administrative unit will know the details of their allocated funds.
The OUG puts on hold projects with a completion rate of under 30%, aiming to identify alternative financing sources for them. Projects with less than 30% physical progress could still receive PNRR funds if achievable by August 2026, but the ministries must present related costs and work schedules. The OUG does not interrupt work contracts or close construction sites.
The OUG limits projects financed from the Anghel Saligny scheme, the National Local Development Program, and the National Construction Program. The ministries that must present a list of projects eligible for financing through the PNRR, either by grants or loans, within 15 days are not specified in the provided search results. The minister of investments and European projects, Dragoş Pîslaru, announced that a list of projects eligible for PNRR financing will be prepared within 15 days.
Only 13% of contracts (773) for which investment has not begun and not a single euro has been paid for construction will no longer be financed due to the remaining period for PNRR project implementation being only one year. The OUG does not affect work contracts or close construction sites for the projects that will still receive funding.
The Romanian government's decision to halt certain projects under the PNRR and national schemes is aimed at ensuring the efficient use of available funds to complete as many projects as possible before the PNRR project implementation period ends. The government is working on a system to provide predictability for local administrative units regarding Anghel Saligny investments in the coming years.
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