The delegation of the International Monetary Fund, headed by chief of the mission for Romania Jeffrey Franks, will examine, together with the managers of the Ministry of Public Finance, the budget deficit target for 2010, said Jeffrey Franks on Monday.

We are going to examine the budget deficit target with the Ministry of Public Finance and study the situation of the budget deficit in Romania in the current context, said Franks, who appreciated that it would be premature to comment on maintaining the current budget deficit target.

The chief of the IMF mission does not see any danger for Romania to suspend its negotiations with the Fund because of the austerity measures that must be taken in order to accomplish the financial adjustment. The situation of the reforms in Romania must be examined, in Jeffrey Franks' opinion, as part of the measures taken at the beginning of the support programme for Romania.

Considerable progress has been made since the beginning of the programme, but the pension reform must be made more dynamic, as it has lagged behind for a few months, and one must make up for the delay in applying the laws on unitary pay, said the chief of the IMF mission for Romania.