Tanasescu, IMF: I Don’t See Any Risks Of Romania Having To Draw Money From Precautionary Arrangement

12.12.2011 By Razvan Voican

Securing additional budget revenues through a chain of swaps with state-run companies that are indebted both to one another and to the state budget will be one of the three major sources of boosting budget revenues in 2012, alongside economic growth and the estimated growth of EU fund inflows, says Mihai Tanasescu, Romania’s representative to the IMF.

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