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Press Release: IMF Publishes Fiscal Transparency Evaluation for Romania
March 11, 2015
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IMF COMMUNICATIONS DEPARTMENT |
| Media Relations |
|---|
| E-mail: media@imf.org |
| Phone: 202-623-7100 |
March 11, 2015
IMF COMMUNICATIONS DEPARTMENT |
| Media Relations |
|---|
| E-mail: media@imf.org |
| Phone: 202-623-7100 |
Romania performs well against the standards set by the Fiscal Transparency Code in many areas according to the conclusions of a Fiscal Transparency Evaluation published by the International Monetary Fund (IMF) today, and carried out at the request of the Government of Romania by a team from the Fund’s Fiscal Affairs Department in February 2014.
Some 15 of the 36 dimensions in the Fiscal Transparency Code are rated as good or advanced, 15 dimensions are rated as basic, and 6 regarded as yet to be achieved. This reflects progress made in public financial management reform since 2010. The report’s key findings are summarized below:
This report makes a number of recommendations to strengthen the authorities’ ongoing reform efforts in the area of fiscal transparency including:
Further information about the Fiscal Transparency Code and Evaluation can be found at (http://imf.org/fiscaltransparency).
