IMF loan
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Does the Government have to sell state-owned companies to repay IMF loan?
Next year will see the nearly 20 billion-euro record loan taken out by Romania from foreign financers mature, and the National Bank and the Finance Ministry are set to start repaying loan instalments, with one of the issues discussed being whether the Governme...
State-owned company floatation can replace agreement with IMF
By selling the significant stakes it still holds in its companies on the stock market, the state can plug the holes in its budget and also offset the domestic currency depreciation trend, th...
Boc Government starts talks over new IMF loan in October
The reshuffled Boc Cabinet is getting ready to begin negotiations over a new loan with the IMF next month, which should ensure rollover of the instalments of the almost 13 billion-euro curre...
Instalment payments on IMF loan to stifle budget from 2013 on
2013 is heralded to be the most difficult financial year for Romania, with the state having to spend 5.2 billion euros out of its pocket for the loan taken out from the IMF alone, if the rep...