The IMF representatives will analyze the economic growth, the inflation, the budget revenues and the budget adjustment over the first half of the year to determine whether Romania can bear the impact of such a measure. The government claims that it wants a significant reduction of the social assurance contribution rate without affecting the budget revenues.
Also related to taxation, the Government has already committed to the IMF to examine the effectiveness of the 9% reducing VAT reduction on bakery, in order to ask for the same reduction in basic food products. A new strategy is being prepared for the taxation of property according to their use.