Reform of Romania's state-owned firms delicate subject in IMF talks

The most delicate subject that is to be discussed with the mission of the International Monetary Fund is connected to the stage of the reforms in the state-owned companies, where there is much delay, said chairman of the Fiscal Council Ionut Dumitru in a statement he made to...

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 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Reform of Romania's state-owned firms delicate subject in IMF talks



bne - 15.01.2013

The most delicate subject that is to be discussed with the mission of the International Monetary Fund is connected to the stage of the reforms in the state-owned companies, where there is much delay, said chairman of the Fiscal Council Ionut Dumitru in a statement he made to Agerpres on Monday, Agerpres reported.

'Here we took very clear pledges, which were postponed several times. We have not fulfilled almost anything of what we pledged to do in point of the private management of the state-owned companies and their being listed on the stock exchange. Therefore I think it is here that the most delicate discussion will be held, in a context in which the reform of the state-owned companies was a key point in the agreement we are part of,' said Ionut Dumitru.

A mission of the International Monetary Fund, headed by Erik de Vrijer, will be in Bucharest between January 15 and 29 for the 7th and the 8th evaluation of the standby agreement with Romania. The IMF mission will discuss with the Romanian authorities the recent and future economic developments, the budget for 2013, the progress that was made in the structural reforms as well as the monetary policy. The IMF mission will be carried out together with a team of the European Commission and the World Bank. The conclusions will be made public at the end of the mission.

Source: bne


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