PM Ponta: Any final decision on arrangement with IMF will be submitted to Parliament

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Any final decision about any arrangement with the International Monetary Fund (IMF) will be submitted to Parliament, Prime Minister Victor Ponta said adding that talks with the IMF and the European Commission over a new arrangement will start on Wednesday.

‘I want to assure you as well, and this is a public message, that in relation to any final decision on any arrangement with the IMF, I, as the prime minister, am obliged – and I believe it to be a good thing – to submit it to Parliaments afterwards. First of all to the ruling Social Liberal Union (USL), because the USL empowers the Government, and further on to Parliament, because it would be an arrangement for the next two years that all the representative institutions of the state will have to know,’ Ponta told Antena 3 private broadcaster.

He also said that following discussions with President Traian Basescu, he can say that talks with the European Commission and the IMF over a new arrangement will start on Wednesday.

‘Although the Government is the only protagonist of the negotiations, both the president of the country and the governor of the national bank are involved in the process, according to the legislation,’ said Ponta.

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