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  Nr. 3233 de sambata, 29 ianuarie 2005 
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ECONOMICS
Government has to obey IMF
-- @ IMF (the International Monetary Fund) asked the government to raise accises on gasoline, tobacco and alcoholic drinks above the set level in July 1 @ In the summer the price of gasoline might reach 34,000 ROL/ 1 liter
At midyear the price of gasoline might reach 34,000 ROL/ 1 liter, as the accisses will be raised higher than the set level. This is meant to meet IMF requests to insure budget income. Such information has been provided by Mediafax. The government is likely to put up with the IMF solicitation to raise accises on gasoline, tobacco and alcoholic drinks above the set level in July 1, although the Executive rejected all modification of the VAT (value added tax). The official also stated: " IMF experts are ken on the same estimations on the decrease of budget income with at least 30,000 billion ROL by applying the single 16% tax rate on income. The raise of accise is to bring extra income to the budget, reaching about 0,5% - 1% of PIB (the raw internal product). (A.G.C.)
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