The Parliament overruled the amendment that provided the raise of the pension point to 45% of the gross income, after the opposition proposed a nominal voting.

The amendment was overruled with 149 votes against 186. The amendment provided the raise of the pension point to 45% of gross income, effective January 1, 2010.

The Minister of Finance says Romania has met all conditions to unlock the International Monetary Fund-led loan, once the budget had been passed, and that will be effective as of Monday. The International Monetary Fund will therefore send a delegation to Romania as soon as mid next week.

“An IMF mission will review loan condition attached to the disbursement of the next tranche. I am convinced Romania has fulfilled all the objectives agreed with the institutions”, said Vladescu.

He added that the new budget law would be effective as of Monday. “We have a budget plan. The laws will be revised by the president, and I think it could be effective as of Monday”, the minister said.