IMF mission to carry out Article IV consultations in Bucharest this month
An International Monetary Fund (IMF) team, led by Joong Shik Kang, will visit Bucharest between September 3 and 12 for the annual Article IV Consultation with the Romanian authorities, Hotnews.ro announced, citing IMF representatives.
iulian ernst · Journalist
· Updated · 2 min read
An International Monetary Fund (IMF) team, led by Joong Shik Kang, will visit Bucharest between September 3 and 12 for the annual Article IV Consultation with the Romanian authorities, Hotnews.ro announced, citing IMF representatives.
The IMF has recommended a comprehensive and controversial tax reform for Romania, designed to boost fiscal sustainability and fairness while supporting the country’s climate commitments, according to an IMF technical assistance report released on June 6. In the meantime, the authorities in Romania legislated a first package of budgetary reforms (tax hikes) and are going to promote a second one during the Fund’s visit to Bucharest.
