News » January, 2011 » 31 January 2011
Romania Complied With IMF Requirements In '10 - Fin Min
31.01.2011, 12:13 | Finance-Banks | 828 views
Romanian Finance Minister Gheorghe Ialomitianu on Monday said the International Monetary Fund and the European Commission appreciated Romania’s results under the stand by agreement, adding value added tax revenue covered arrears and kept the budget deficit within agreed margins. "These are very good results, appreciated by the IMF and the European Commission. The VAT results are good. VAT collected allowed us to pay arrears and stay within the 6.5% [of the gross domestic product] deficit target," Ialomitianu said Monday. Read more on Mediafax.ro
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