News

The Government extended the implementation period of the programme for the withdrawal of remittances in the economy “PARE 1 + 1” until 2015.

Under the programme, 124 grant contracts were concluded with entrepreneurs. At the same time, the investments attracted in those projects exceeded RON 76 million. Thus, it was found that each leu allocated from this programme attracts approximately RON 3 in investments in the national economy.

For 2013, an allocation of 32 million lei is foreseen for the implementation of this programme, 50 percent more than the amount allocated in two years.

The “PARE 1 + 1” programme was financially supported by the European Union. The authorities are currently in the process of identifying the financial means for its financing in the years 2014-2015.

The programme is run under the ‘1 + 1’ rule, which stipulates that each leu invested from remittances will be replaced by a leu under the programme. The maximum amount of funding shall be RON 200 thousand. The money from the Programme is provided as a non-repayable grant.