1 Aprilie 2010

IMF calls for measures to combat tax evasion



The Minister of Public Finance, Sebastian Vladescu and IMF mission chief in Romania, Jeffrey Franks held a round of talks today, focused on means to raise state revenues by combating tax evasions.
“We discussed about possible means to raise state revenues by combating tax evasion. IMF said the country has made visible progress in this regard. We have also discussed several aspects of the laws that should be enacted before the next IMF review mission in Romania, such as fiscal responsibility law”, said Vladescu, after the meeting with the IMF official.

The minister said he hadn’t talked about a possible worsening of the institution’s economic outlook on Romania. The International Monetary Fund anticipated a 1.3% economic growth for end 2010.

“We hadn’t talked numbers; we’re waiting the release of March data on arrears and other indicators”, said Vladescu.

The next IMF mission in Romania is scheduled for April 27-29, when the institution could consider a review of its economic growth projection for the country, given the recent poor macroeconomic performance, Jeffrey Franks said yesterday.



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