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Romania: IMF technical mission starts talks with ANAF

15. July 2010. | 14:12

Source: Agerpres

A technical mission of the International Monetary Fund (IMF) will arrive in Bucharest on Wednesday in order to talk with the representatives of the National Agency of Tax Administration (ANAF), informed Tonny Lybek, IMF Regional Resident Representative for Romania and Bulgaria, in a release.

A technical mission of the International Monetary Fund (IMF) will arrive in Bucharest on Wednesday in order to talk with the representatives of the National Agency of Tax Administration (ANAF), informed Tonny Lybek, IMF Regional Resident Representative for Romania and Bulgaria, in a release.

At the request of ANAF a technical assistance mission of the IMF Fiscal Affairs Department will visit Bucharest over July 14-28 to give counsel to the ANAF experts in connection with the measures meant to improve income collection.

The team of IMF fiscal experts, headed by Thomas Martin Story, will revise the stage of the recommendations made last year by a similar team of the Fund and will advise the ANAF experts to use information technology as efficiently as possible, reads the IMF release.

Over July 26-August 4 an IMF delegation will be in Bucharest. It will be headed by Jeffrey Franks, chief of mission in Romania, which will evaluate Romania's recent economic performances in keeping with the provisions of the stand-by agreement and the letter of intent. The visit of this mission will aim to draw up the report for releasing the sixth tranche, worth 900 million euros, of the 13.6 billion euro loan given by the IMF.

Of the support package amounting to a total value of 20 billion euros, Romania has got almost 10.7 billion euros from the IMF, 2.5 billion euros from the EU and 300 million euros from the World Bank.

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