Gov't asks state-run companies to transfer 85 pct of profit to state budget

The Executive late on Tuesday adopted a memo to establish the quota the state-run companies are forced to transfer to the state budget from their annual profit at 85 percent, Public Finance Minister Gheorghe Ialomitianu said.Following a similar decision enacted by the Government last year, state-owned companies had to transfer 90 percent of their profit to the state budget. ...

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