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Social welfare (Romanian: ajutor social) in Romania is coordinated by the Romanian Ministry of Labor, Family and Social Protection. The system is funded from the state budget. [1] There are roughly fifty types of welfare a Romanian citizen can receive. [2] In 2015, it was estimated that 7 million Romanians receive some form of welfare benefits. [3]
During that year, the tax authority carried out 29,000 inspections on individuals and 83,000 on companies, [4] which added an additional 5.8 billion leu to the budget. [4] Romania is committed to improving its tax administration. [5]
In 1981, in order to pay its due debts, Romania requested the International Monetary Fund a line of credit [1] and adopted a policy to pay back all its debt. [3] The decision to repay the debt has been considered irrational, as other developing countries that were hit by the same problem were able to obtain debt rescheduling or "haircuts". [4]
The European Union state, which holds national and presidential elections later this year, saw its budget deficit widen to 4.02% of economic output at the end of July, effectively putting the ...
tax on mills (watermills and windmills) oierit [17] oaie (sheep) tax on sheep perperit [18] perper: tax on sold goods (paid in perper coins) pădurărit [19] pădure (forest) tax on forests podărit [20] pod (bridge) tax on crossing a bridge: pogonărit [21] pogon: tax on each pogon of land owned popărit [22] popă tax paid by the priests ...
A Romanian state agency for rural investments is using artificial intelligence to help farmers apply for European Union funds, it said on Monday, a first in one of the EU's least developed digital ...
Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
Romanian state pensions will rise twice in 2024, Prime Minister Marcel Ciolacu said on Thursday, beginning in January when they will be indexed by 13.8% and again in September when they will be ...