In addition, the agreement will include measures to reform the state-owned companies. “Some should be privatized and some should reorganize,” said Lagarde in a meeting with Romanian journalists during her two-day visit to Bucharest.
She also pointed out the importance of European fund use for infrastructure, saying Romania should use all available funds to facilitate investments in the country.
When asked to explain the less severe attitude of IMF compared with the one before the crisis, Lagarde said Romania made important progress in the past four years.
Romania and the IMF will start Wednesday negotiations of a new loan, following a successful agreement ended in June.