The Sovereign Fund „will determine the prioritization of investments and revival of key sectors of the Romanian economy.”
Romania’s Economy Minister Alexandru Petrescu and Elisabetta Capannelli, the World Bank Country Manager for Romania and Hungary, met on Friday and presented „a full X-ray of Romania’s economic situation, to better understand the priorities of the Economy Ministry,” the statement also reads.
Talks targeted „the perfecting of legislation regarding corporate governance, the setting up and development of the Sovereign Development and Investment Fund, as well as the revival of some sectors with high economic growth potential.