PM Tudose meets IMF, World Bank delegations ahead of budget rectification

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Prime Minister Mihai Tudose has met, on Tuesday, at Victoria Palace, the International Monetary Fund (IMF) representatives, governmental sources inform.

According to the quoted sources, the IMF is to complete the country report and the Government has requested the Fund representatives to avoid making mistakes when drawing up forecasts about Romania, informs.

“A meeting with the IMF was needed, in order to hand them the figures from the National Agency for Fiscal Administration (ANAF). We have made a step forward in view of the country report,” the sources also said, adding that the Government wants the IMF to avoid further mistakes.

The meeting was attended by Deputy PM Marcel Ciolacu and Finance Minister Ionut Misa.

PM Tudose also had a meeting with the World Bank delegation, talks attended by Health Minister Florian Bodog.

“The talks with the World Bank representatives focused on the technical expertise, technical support for hospitals, highways, strategic investments,” the quoted sources say.

The meetings have taken place in the context of the budget rectification expected on September 20, Deputy PM Marcel Ciolacu said.

PM Tudose: Figures handed for better forecasts

Prime Minister Tudose said after the talks: “We’ve had an important meeting with the World Bank and with the IMF. We talked to the WB about cooperation, as the WB representative team in Romania has been changed. We have the entire support for the large strategic projects on the technical support side. We have also called the IMF for talks, not to borrow money, but to talk with them and the Finance Minister to pay a visit to the ministry to see the figures, as in October they draw up the forecast for the last part of the year on Romania’s financial development. Given that the last two ones were rather wrong – Romania has functioned better than expected, we want to avoid a third mistake; we have volunteered to give the official figures so they can work better.”

The Premier said the IMF is an institution everyone is looking at. “The last two forecasts were not good. I haven’t accused them of ill will, I asked them to be a little bit more careful,” Tudose said.

Talking about the budget rectification, the Prime Minister said it will not be negative.

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