Romania to receive support for fiscal consolidation and increased investment in infrastructure (Finance Ministry)

Romania to receive support for fiscal consolidation and increased investment in infrastructure (Finance Ministry)

Business

The main conclusion that emerged from the trip to Washington of a delegation of the Ministry of Finance (MF), led by minister of Finance Marcel Bolos is that Romania will benefit from support for fiscal consolidation and increased investment in infrastructure, CE Report quotes Agerpres

The head of the Ministry of Finance led the institution's delegation to the spring meetings of the World Bank Group and the International Monetary Fund, April 16 to 21, 2024. On the sidelines of the meetings, the MF delegation met with senior representatives of the World Bank (WB), the International Monetary Fund (IMF), the International Finance Corporation (IFC), as well as the rating agencies S&P and Moody's.

More details at the link

Tags

Related articles

Romania Open for Business
Amid rising economic pressures, including increased interest rates and fears over losing European funds, Romanian Economy Minister Ivan emphasized the need for calm and stability.
Bulgarian Nurses Protest for Better Conditions
On International Nurses Day, May 12, the Union of Bulgarian Medical Specialists (UBMS) will stage a protest in front of the Ministry of Health at noon, announced UBMS Chair Maya Ilieva during a round table on Bulgaria’s healthcare issues.
Investor Exodus Over Political Turmoil
Investor fears are mounting as Romania faces a deepening currency crisis, driven by political instability, according to economic consultant Adrian Negrescu.
Bulgaria Reports Q1 Budget Deficit
Bulgaria’s revenues under the Consolidated Fiscal Programme reached BGN 16.83 billion in the first quarter of 2025, or 18.6% of the annual target, the Finance Ministry reported.