Also, the budget of the Secretariat General of the Government will be reduced by RON500 million.
The budget revision was discussed with International Monetary Fund representatives. Joint teams from the IMF, the European Commission and the World Bank arrived in Bucharest on July 17 for talks on a follow up agreement with Romania.
Prime Minister Victor Ponta said earlier Monday, Romania and the International Monetary Fund have concluded the negotiations for a new loan program, following the completion of a two-year standby agreement ended in June. (EUR1=RON4.3994)