International Monetary Fund experts recommend Romanian authorities to re-energize the fight against corruption and efforts to improve government effectiveness, and also improve the governance of state-owned enterprises (SOEs), the IMF states in the Concluding Statement at the end of the 2021 Article IV mission to Bucharest, agerpres reports.
According to the cited document, reversing the worsening financial performance of SOEs should be another priority of the Romanian authorities, requiring enhanced monitoring and necessary reforms of SOEs with a heavy presence in the energy and transport sectors. Strengthening the governance of SOEs will be crucial for absorbing EU funds, bridging public infrastructure gaps with EU peers and meeting climate targets. Better corporate governance of SOEs would be an important first step, the IMF experts note.
An IMF team virtually visited Bucharest between May 10 and 28 for the annual review of Romania's economy based on Article IV consultations.
IMF recommends Romanian authorities to re-energize fight against corruption, improve economic governance
Sursă foto: stiripesurse.ro
Distribuie articolul
Distribuie articolul
Explorează subiectul
București
8°C
8°CArticole Similare
7
“Family Footprints”: Students from Four Countries Explore Family Values through an eTwinning Project
7
10
Gov't approves memorandum for signing of EU-Mercosur Partnership Agreement
10
12
Customs authority, anti-corruption directorate sign collaboration protocol
12
16
EnerMin Ivan:Romania was attacked by Russian Federation 17 times in history, USA has always been an ally
16
10
Government: Capping of markup for basic foods extended until June 30
10
17
Hidroelectrica's Badea: Hydroelectric power plants are not sufficiently backed in Europe
17
10
Andrei (INS): There are controversies over gov't because data are not well understood
10
15
EnergyMin Ivan says decision to cut excise duty on diesel fuel must be made this week
15
19
Ivan, on leaving government: Decision belongs to the 5,000 colleagues in PSD
19
11
Energy crisis puts major pressure on ANRE; over 20 billion RON settled for compensation(secretary general)
11
14
Nicusor Dan: Romania still needs to develop transport infrastructure
14
13
Almost two-thirds of Romanian retail investors do not trust the prospects of the local economy (report)
13
15
HealthMin Rogobete: At the moment, we are not in a medicine crisis
15
Comentează