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Romanian Govt To Consult With IMF On Unitary Pay Law Before Completing Draft

The Romanian government will consult with the International Monetary Fund starting next week on the structure and application of the unitary pay law in the public sector and will then complete the draft law, government sources told MEDIAFAX Thursday.
Romanian Govt To Consult With IMF On Unitary Pay Law Before Completing Draft
23 iul. 2009, 13:32, English

The government decided in Wednesday’s cabinet meeting, after a new talk on the future public sector salary system, that discussions on the draft law would continue between all ministries ion the upcoming days.

"The government decided talks are to continue between the Ministry of Labor and the Ministry of Finance, as well as other institutions. The Finance Ministry hasn’t yet finished the financial assessment of the law and hierarchy quotients were no longer discussed by the government,” the sources said.

The unitary pay law for the public sector will be discussed with IMF experts as of next week, when a delegation of the Fund arrives in Bucharest for a first assessment of the EUR12.95 billion loan agreed with Romania in spring.

In its two-year stand-by agreement with the IMF, Romania committed to adopt the unitary pay law by October 30, 2009.