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Mihai Tanasescu IMF: The discussions showed that great progress was obtained but some elements are still to be improved

« The agreement with the international authorities was an instrument which created a certain stability. Out of the preliminary discussions, there was much progress made. This agreement could be finalised in good conditions.

The discussions which are now under progress started from the idea to improve some segments of activity which should bring value to the Romanian economy. My message is one which leads to cooperation. 2011 will not know any new measures of correction. What was difficult is left behind, but his crisis was undervalued » Mihai Tanasescu, member of the IMF board said for Money Channel.

According to him, Romania's priorities could be accomplished in the next two years even if there is an electoral year. « If we have the vision which does not depend on the electoral year, we will put to practice the implementation of necessary measures in a correct and coherent way ». This is not a IMF agreement, but a package of reforms Romania has to implement, Tanasescu said.

« There is an improvement of VAT collection, but not so good. But,through the structural reforms which started at the level of the National Agency for Fiscal Administration and the reforms which will follow, as well as the measures which will be brought through the new programme regarding the strengthening of the fiscal agency capacity, these collections will increase in 2011 and the years to come » Mihai Tanasescu said at the beginning of the discussions with the MFP representatives.

The ministry of finances Gheorghe Ialomitianu stated in his turn that the results of Romania in the stand-by agreement are very good and appreciated by the IMF and the EC. « We discussed the results included in the agreement which will close at the end of March. There are some good results, appreciated by the Monetary Fund and the European Commission »the minister of finances said. The MFP official said that the results on VAT are good, and the collections allowed the authorities to pay the debts and to get the budgetary deficit at the level of 6.5% out of GDP.

FinMin : Romania has enough money for pensions and salaries in 2011 and 2012

Romania has enough money for salaries and pensions and this year it has all premises to exit the recession considering the budget revenues and indicators, Romania's Finance minister Gheorghe Ialomitianu declared, quoted by the Romanian news agency Mediafax. We have enough money for this year and for 2012, Ialomiatianu said. Ialomitianu also pointed out that authorities allot more money to investments in 2011 to boost the economy.

Sursa: http://www.actmedia.eu

Tags: which money agreement progress tanasescu discussions mihai mfp

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