November 23, 2017

Reforms in State-owned companies’ administration – a priority to Romanian economy

According to “The Governance Programme 2013-1016,” remitted to Agerpres on Thursday, the priority for the Romanian economy is represented by the reforms in the state-owned companies, in the fiscal revenues collection, in the public expenditure management, in education and in health. The document shows that “The macroeconomic policy challenges will maintain in the coming years, as an effect of the constraints on the aggregated domestic demand, on the one hand, and of an unfriendly international environment and the persistence of the crisis in the euro area, on the other hand. In this context, an appropriate macroeconomic policy mix is needed”.  According to the programme, the macroeconomic policy mix must be made up of structural reforms favoring the investment process as a determining factor for the economic growth.
Source: Bucharest Herald (read more)

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