Revista Tinerilor Economiºti (The Young Economists Journal)

Finances - Accounting
budget, provided that such debt is less than or equal to the debt that has to budget
companies concerned. In this sense there is already a draft ordinance by the
government. Assuming that the absorption of structural funds should be made at a level
higher, we can say that this goal was not achieved as was planned so far. Analyzing the
situation of the submission and approval of projects, signing contracts and funding for
payment to beneficiaries on 31 January 2010, shows that Romania must do more to be
able to accelerate and optimize the allocation of structural funds absorption at his
disposal. The following is an empirical analysis of the situation. Us with reference to
the amounts allocated to each OP, we can say that they are pretty consistent, compared
to the amounts allocated under the pre-accession funds. We see a greater concentration
of them in the Regional Operational Program (ROP), Sectoral Operational Programme
Environment (SOP) and the Sectoral Operational Programme Transport (SOPT),
programs aimed at general rehabilitation in specific areas that have been designed. They
are followed closely by Increase of Economic Competitiveness Operational Program
(SOP) and Human Resources Development Operational Programme (SOP) and to a
lesser extent Administrative Capacity Development Operational Programme (OP) and
OP Technical Assistance. As regards the projects submitted in 31.01.2010, it is noted
that the number was higher for SOP (5415) and SOP (5273), and ROP (3415) and the
other operational programs their number was much lower. In the OP were a total of 931
submitted projects at the end of January 2010, similar to December for the year 2009,
while in the SOP were submitted a number of 204 projects registered to date
31/01/2010, an increase of 63 in number, from 31.12.2009 when only 141 projects were
submitted, but far below expectations, given the importance that is OP. Also, if SOP
was submitted a maximum of only 41 projects, 31.01.2010, maintaining the same level
as those observed on 31.12.2009. This shows that both authorities together with other
'actors' (businesses, NGOs, trade unions, employers, SMEs, etc.) Belonging to the
target group through the OPs, showed no interest in to submit applications for funding
these programs operational, although the amounts allocated to them were quite
significant.
4.1 Critical
Analyzing the situation of approved projects, we can see that the number was
much lower than that of projects submitted. This shows that in Romania there are still
enough people who have expertise in this area. For example, if the ROP in 3415 a
number of projects submitted, only 736 were approved, rejected 1013 and the
remainder of 1666 is under evaluation. Also, in terms of SOP, in 5415 a number of
projects submitted, 2216 were rejected, 1265 were approved, and 1921 is under
evaluation. Thus a total of 15,312 projects submitted, only 3910 were approved, and a
number of 6772 have already been rejected. It follows that nearly half (44%) of the
projects submitted were declared ineligible, but their numbers can grow, given the fact
that 4617 projects are under evaluation. However, their total value, expressed in lei is
proportional to the number of projects to be approved and implemented
Of course, this development is disproportionate due to some inconsistencies in
the structural funds management capacity and internal procedures for approving such
projects. There have also been proposed and implemented a series of changes in
national legislation, which was subject to approval from the European Commission,
amendments aimed primarily to reduce the period of evaluation of projects developed
in Romania, for which the European funding of more than 80 days to about 30 days.
53