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Government Bans State Companies From Buying Cars, Furniture
04.29.2011
Romania's Government has decided to restrict the purchase of cars and furniture by autonomous administrations and state companies, as well as public institutions, people close to the matter told MEDIAFAX on Friday.
Romania's Government has decided to restrict the purchase of cars and furniture by autonomous administrations and state companies, as well as public institutions, people close to the matter told MEDIAFAX on Friday.
The rule will be enforced through an emergency ordinance.
President Traian Basescu said Wednesday, on the public TV station, that reforms must be extended to the large autonomous administrations, which must become more competitive, given that they control 25-30% of the economy.
He added that restructuring these administrations is a priority of the program agreed upon with the International Monetary Fund, with a deadline for September.