September 20, 2018

IMF: Higher Efficiency Can Lead Romania To Economic Recovery

The head of the IMF mission to Romania, Jeffrey Franks, declared yesterday that Romanian economy can start to grow by increasing capital value, as well as by boosting work productivity. Also, an effective use of workforce and investments is more than welcome. Franks argued that productivity could be boosted by more effective organization, by a better training of the workforce and by modernizing equipment. The IMF official underlined investments should not be spread too thin. He argued that developing road, IT & communications and infrastructure would play an important part in the development of productivity.

Source of the News: Nine o’Clock

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