Ministry
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Offshore firms required Interior Ministry approval first
Most people that have anything to do with the business world even in the tiniest bit have surely heard of offshore and its practical utility. Which utility means, among others, significant f...
Finance Ministry and National Bank decide to slash four zeroes from ROL's tail
Four zeroes will be slashed from the ROL's tail next spring. Consequently, the current 10,000 ROL bill will metamorphose into a 1 ROL coin, which can only be found in the safes of commercial...
Finance Ministry gets income info from employers
The Exchequer is getting ready to update its database of information about the incomes made by taxpayers in 2003 and subject to global taxation under the law. The individual taxpayers have u...
Finance Ministry keeps purse strings tight
The general consolidated budget deficit had come to total 14,670bn ROL in the first 11 months of last year, accounting for 0.8% of GDP and for about half of the deficit in the same time in 2...
Transports Ministry seeks short-term loan
The Ministry of Transports, Constructions and Tourism (MTCT) last week instructed the investment banks to modify the financing offer related to the $2.5bn contract concluded with US-based Be...
Interior Ministry after 100m euros
The Ministry of Administration and Interior is getting ready to contract a foreign loan worth 100 million euros to secure the borders. The loan, pledged by the Finance Ministry, has already...
Finance Ministry hopes to borrow less in 2004
Romania might need less than one billion euros in foreign funding for the budget deficit and domestic debt next year, which is lower than shown by the previous forecasts, Enache Jiru, the he...
Finance Ministry even less keen on domestic market
The reopening of the eurobond issue released this summer is the only option to fund the budgetary deficit without generating inflation, Finance minister Mihai Tanasescu says. In other words,...
Finance Ministry aims to monitor state-owned companies
A 0.5% of GDP drop in the volume of arrears is one of the Finance Ministry's top priorities for next year, prompting the ministry officials to start monitoring the spending and revenues budg...