Sovereign Investment Fund To Be Established By Government Decree, Finance Minister Says

07.19.2018 By Ecaterina Craciun

The Sovereign Investments and Development Fund (FSDI) will be established by government decree after Romania's Constitution Court said the decision to set up the fund must be made based on a document drafted by the central administration, not based a bill adopted by the Parliament, Finance Minister Eugen Teodorovici said Thursday.

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