Government To Amend Finance Law Again, As Local Arrears Keep Growing

05.29.2012 By Radu Bostan

Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the monitoring and application of the Law of local public finance, according to the latest letter to the IMF.

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Keywords:
GOVERNMENT
, IMF
, ARREARS