Romania To Urge IMF, EC To Double State Guarantee Cap – PM
Boc pointed out the government wants to offer state guarantees both for the agricultural sector and for the co-financing of projects unfolded by local authorities, therefore Romania will urge the IMF and the Commission to double the state guarantee ceiling.
"The use of state guarantees in agriculture is an issue of national interest and we shall definitely accomplish that," Boc told a press conference in Ramnicu-Valcea, in southern Romanian county of Valcea.
Boc on Friday said the Romanian government will urge the IMF and EC officials, within upcoming talks in late July and early August, to increase the state guarantee ceiling for strategic sectors, such as constructions and agriculture.