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Letter of intent with IMF does not stipulate rises in fees and taxes

Prime Minister’s personal advisor on macro-economic issues Cristian Socol said that the letter of intent with the International Monetary Fund (IMF) does not stipulate rises in fees and taxes.

‘Except the rent contributions, the Government has not pledged to increase fees and taxes in in 2014. I’d dare say, on the contrary, the pilot project on the VAT reduction for bread will be continued for other victuals, within the available fiscal limit,’ Cristian Socol told Agerpres.

According to him, the Government will go on to dwindle the number of para-fiscal fees.
‘Last year, we succeeded to drop to 41, from 113, the number of fees a company had to pay in 2011, in compliance with the World Bank Doing Business 2013 report,’ Socol explained, adding that reducing Social security contribution (CAS) by 3 percent for the employees remains a priority, in 2014, as a measure to boost the economic growth and the new jobs.

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