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Bucharest
September 27, 2020
BUSINESS

Tanasescu, IMF: CAS or VAT reduction will have to wait

Romania’s representative to the IMF, Mihai Tanasescu thinks that the situation of incomes collected by the former government in the first quarter of this year allows the acting cabinet to operate a wage hike in the public system before the end of 2012. In an interview with ‘Capital’, Tanasescu says that pensions might increase too, if resources are found. However, there are small chances for an increase of the minimum wage per economy this year and it is plainly impossible to cut the CAS or the VAT. As for public institutions hiring new personnel, Tanasescu said that things must become more flexible. “It is very important to keep the base principle at the level of the budget, but this must be considered with flexibility from one sector to another, and I refer mainly to the health system, where the need for hiring new doctors is higher than in other segments,” he stated.

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