“I think it is vital to inject liquidity into the economy. If we learned anything from the 2008 financial crisis it is that we need to inject liquidity. All companies must have liquidity at this time. There will be other measures as well,” Citu said.
He said the government would refund around RON10 billion in VAT to companies in the next two months. He said earlier in the day the tax agency would suspend forceful tax collections and would speed up VAT refunds. He added he was also considering a bonus system for companies that choose to pay their taxes.
“These measures are meant to help those economic sectors where activity has dropped. I urge companies in sectors that are doing well to pay their taxes on time,” said Citu.