“The international creditors will first meet with representatives of Romanian tax authority ANAF to discuss tax revenue collection and possible new measures to be implemented this year,” the people told Mediafax reporters.
The foreign delegation will afterward meet with finance minister-designate Florin Georgescu and with central bank governor Mugur Isarescu.
Joint teams from IMF and the EU arrived in Bucharest April 24 to assess the country’s progress under the loan agreement and negotiate new fiscal and economic quarterly criteria.
However, the foreign creditors suspended their review mission after Romania’s government led by Mihai Ungureanu was ousted in a no-confidence motion April 27.
The country’s prime minister-designate Victor Ponta has since announced his cabinet members, but the new government is pending parliament approval at a meeting due Monday, when the IMF/EU delegation is scheduled to finish its review.
In April 2011, Romania and the IMF signed a EUR3.6 billion two-year precautionary loan agreement, successor to a EUR20 billion bailout package received during 2009-2011. The new deal also includes EUR1.4 billion financing from the EU and a EUR400 million loan from the World Bank.