“It is important that any change to the Tax Code comes under the shape of a package of measures so that the general impact can be carefully assessed,” Andrea Schaechter told a news conference.
She said the government is considering several changes in the property and energy taxation areas, as well as expanding the taxpayer base in the social security sector.
“These are all different options and they can be applied in several combinations. The government is analyzing the impact of the various combinations and we are ready to discuss these options,” Schaechter said.
She said that the IMF representatives have talked with the government regarding the Tax Code, including rewriting the Code, as well as on the fiscal system as a whole.
“Under its economic growth and stability pact, Romania has pledged to bring its budget deficit to 1% of the gross domestic product by 2015, depending on the economic situation. If the economic activity remains weak, then this nominal target could be raised,” Schaechter said.