International Monetary Fund

CF's Dumitru: Romania cannot afford now to fully renounce its relationship with IMF

Romania cannot afford now to fully renounce its relationship with the International Monetary Fund (IMF), because it has to meet the obligations it undertook in the area of structural reforms, to give a positive signal to the financial markets, Chairman of the Fiscal Council (FC) Ionut Dumitru told Agerpres on Friday.

Romania to Cut Tax on Firms Over IMF Objections

Against the wishes of the IMF, Romania's government has approved a draft law cutting the social security tax paid by the employers by 5 per cent.

The bill, designed to boost jobs and business, needs the approval of parliament before becoming effective in October, but the centre-left ruling coalition has a majority in parliament to ensure it goes ahead.

Predoiu (PDL): Gov't is hiding the truth about the agreement with the IMF

The First Deputy Chairman of the PDL (Democratic Liberal Party) Catalin Predoiu on Thursday stated in a release to AGERPRES that the government is hiding the truth about the situation of the agreement with the IMF and presents a version of the truth that only takes into consideration the Prime Minister's electoral interests.

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