IMF, FinMin Vladescu discuss Government revenues collection

Visiting International Monetary Fund (IMF) officials on Tuesday had a first round of talks at the Romanian Finance Ministry over the Romanian Government's Q1, 2010 revenues collection.

Finance Minister Sebastian Vladescu said the Budget was implemented in the first quarter of the year within the levels of the nominal deficit target of RON 8.25 billion agreed upon with the IMF, but the revenues were smaller the initially projected. He added that enlarging the tax base will also be discussed with the IMF.

Chairman of Romania's National Tax Administration Agency (ANAF) Sorin Blejnar said that at this first round of talks an analysis of the Government revenues collected by the ANAF in the first quarter of 2010 was conducted, along with the latest developments in the refunding of the Value-Added Tax (VAT) and the measures suggested to boost Government revenues.

AGERPRES